The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Net Income (Continuing Operations) : ﷼192 Mil (TTM As of Mar. 2024)

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What is The Mediterranean and Gulf Insurance and Reinsurance Co Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. The Mediterranean and Gulf Insurance and Reinsurance Co's Net Income (Continuing Operations) for the three months ended in Mar. 2024 was ﷼26 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼192 Mil.

The Mediterranean and Gulf Insurance and Reinsurance Co Net Income (Continuing Operations) Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance Co's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Mediterranean and Gulf Insurance and Reinsurance Co Net Income (Continuing Operations) Chart

The Mediterranean and Gulf Insurance and Reinsurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Income (Continuing Operations)

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3.12

36.91

-140.59

-396.87

201.47

The Mediterranean and Gulf Insurance and Reinsurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income (Continuing Operations)	Get a 7-Day Free Trial															36.20	64.58	39.79	60.91	26.26

The Mediterranean and Gulf Insurance and Reinsurance Co Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼192 Mil.

The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

The Mediterranean and Gulf Insurance and Reinsurance Co Net Income (Continuing Operations) Related Terms

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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) » Definitions » Net Income (Continuing Operations)

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451

Website

https://www.medgulf.com.sa

The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

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