Riyadh – Mubasher: Bupa Arabia for Cooperative Insurance achieved a decline of 8.9% in profits during the third quarter of 2016 as compared to the same period of 2015.
The Saudi firm reported earnings decreased to SAR 260.35 million ($69.4 million) in Q3-16, compared with SAR 285.77 million ($76.2 million), according to a statement issued Sunday on Tadawul.
The company saw growing premiums with 72% in Q3.
During the nine months of 2016, profits gained 0.34% to SAR 437.2 million as compared to SAR 435.75 million.
