Riyadh – Mubasher: The net profit after Zakat attributable to shareholders of Aljazira Takaful Taawuni Company grew 14.88% year-on-year (YoY) to SAR 44.25 million in 2023 from SAR 38.52 million.

Insurance revenues jumped 36.89% YoY to SAR 301.95 million last year from SAR 220.57 million, according to the annual financial results.

The earnings per share (EPS) reached SAR 0.67 in the 12-month period that ended on 31 December 2023, up from SAR 0.58 in 2022.

Aljazira Takaful Taawuni recorded SAR 44.17 million in the first nine months (9M) of 2023, a 51.03% YoY leap from SAR 29.25 million.