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Gulf General Cooperative Insurance Co.
Companies with accumulated losses reaching 50% or more of its capital'
- Main Market
- Insurance
Stats Overview
-
Prev. Close 7.23
-
Open 7.22
-
High 7.25
-
Low 7.13
-
No. of Trades 755
-
Avg. Trade size* 437
-
Volume Traded 330,275
-
Value Traded (^) 2,377,809.26
Performance
- *Average Trade Size = Cumulative / # of Trades
- **52 Week Price Change = (Current Price - Price year ago) / Price year ago x 100
- Historical prices & volume traded data are adjusted to account for all corporate actions.
- MO: Market Order
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52 WEEK
PERFORMANCE
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Announcements
Corporate Actions
- Announcements & Corporate Actions
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Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2024-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Total Assets |
433,186
|
490,197
|
- | - |
| Total Liabilities |
209,280
|
189,804
|
- | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
223,906
|
300,393
|
- | - |
| Total Liabilities and Shareholders Equity |
433,186
|
490,197
|
- | - |
| Statement of Income | 2024-12-31 | 2023-12-31 | ||
| Total Revenue (Sales/Operating) |
414,352
|
315,646
|
- | - |
| Net Profit (Loss) before Zakat and Tax |
-88,592
|
6,319
|
- | - |
| Zakat and Income Tax |
-5,615
|
-2,787
|
- | - |
| Net Profit (Loss) after Zakat and Tax |
-94,207
|
3,532
|
- | - |
| Total Comprehensive Income |
-76,487
|
6,739
|
- | - |
| Profit (Loss) per Share |
-3.14
|
0.07
|
- | - |
| Cash Flows | 2024-12-31 | 2023-12-31 | ||
| Net Cash From Operating Activities |
-19,209
|
16,742
|
- | - |
| Net Cash From Investing Activities |
12,600
|
-5,917
|
- | - |
| Net Cash From Financing Activities |
-1,294
|
-1,514
|
- | - |
| Cash and Cash Equivalents, Beginning of the Period |
14,462
|
5,151
|
- | - |
| Cash and Cash Equivalents, End of the Period |
6,559
|
14,462
|
- | - |
| All Figures in | Thousands | Thousands | ||
| All Currency In | ^ | ^ | ||
| Last Update Date | 2025-03-23 | 2024-04-15 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
| Balance Sheet | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|
| Total Assets |
365,432
|
492,032
|
520,276
|
552,287
|
| Total Liabilities |
162,801
|
206,849
|
233,294
|
257,633
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
202,631
|
285,183
|
286,982
|
294,654
|
| Total Liabilities and Shareholders Equity |
365,432
|
492,032
|
520,276
|
552,287
|
| Statement of Income | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
| Total Revenue (Sales/Operating) |
94,109
|
108,454
|
105,127
|
87,768
|
| Net Profit (Loss) before Zakat and Tax |
-22,582
|
-401
|
-6,472
|
-3,922
|
| Zakat and Income Tax |
-1,200
|
-1,398
|
-1,200
|
-1,817
|
| Net Profit (Loss) after Zakat and Tax |
-23,782
|
-1,799
|
-7,672
|
-5,739
|
| Total Comprehensive Income |
-21,275
|
-1,799
|
-7,672
|
-5,739
|
| Profit (Loss) per Share |
-0.79
|
-0.06
|
-0.26
|
-0.19
|
| Cash Flows | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
| Net Cash From Operating Activities |
-68,157
|
9,590
|
41,774
|
61,659
|
| Net Cash From Investing Activities |
180,109
|
-45,290
|
-76,232
|
-55,141
|
| Net Cash From Financing Activities |
-398
|
29,800
|
29,801
|
-199
|
| Cash and Cash Equivalents, Beginning of the Period |
6,559
|
14,462
|
14,462
|
14,462
|
| Cash and Cash Equivalents, End of the Period |
118,113
|
8,562
|
9,805
|
20,781
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | ^ | ^ | ^ | ^ |
| Last Update Date | 2025-05-15 | 2024-11-05 | 2024-08-08 | 2024-05-15 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
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- Shareholding
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- Company Profile
- Announcements & Corporate Actions
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- Company Profile
Company Profile
Company overview
General and Medical Cooperative insurance
Company History
Gulf General Cooperative Insurance Company (GGI) was established with a capital of 200 million Saudi Riyals as a joint stock company pursuant to Ministerial Decree No. 365 dated 1/12/2008 and under Royal Decree No. M / 85 dated 3/12/2008. GGI ended its public offering on 9/10/2009. The General Assembly was held on 16/12/2009 and then obtained its Commercial Registration No. 4030196620 on 24/1/2010. GGI commenced its operations with the acquisition of the insurance portfolio of Saudi General Insurance Company and Gulf Cooperative Insurance Company.
Company Bylaws
Equity Profile
- Authorized Capital (^) 300,000,000
- Issued Shares 30,000,000
- Paid Capital (^) 300,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2024-03-20
Investment limits
There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Dina Abdulrahman Alfadli
Company Address:
Off Medina Road - Ghaithy Plaza PO Box 1866 - Jeddah 21441 Kingdom of Saudi Arabia
Contact Details:
Telephone:
920001862 Ext 8986
Fax
: 00966-12-6510075
Email
: dalfadli@ggi-sa.com
Company Website:
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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