BUPA Arabia for Cooperative Insurance Company Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
For the year, the company reported net written premiums of SAR 2,191,958,000 against SAR 1,990,549,000 for the same period last year. Net earned premiums were SAR 2,128,028,000 against SAR 1,927,629,000 for the same period last year. Net income for the year was SAR 134,406,000 or SAR 3.37 per basic and diluted share against SAR 42,244,000 or SAR 1.06 per basic and diluted share for the same period last year. Net cash from operating activities was SAR 23,817,000 compared to SAR 34,947,000 a year ago. Purchase of furniture, fittings and equipment was SAR 21,739,000 compared to SAR 13,756,000 a year ago.