Bupa Arabia: 2022 results

Bupa Arabia Cooperative Insurance has recorded a 22.09% turnover increase, in local currency, to reach 13.9 billion SAR (3.7 billion USD) as at 31 December 2022.

The net result before zakat (tax) amounted to 1.03 billion SAR (274.3 billion USD), showing a 40.53% growth over a year.

The incurred losses went up by 20.76% to 10.9 billion SAR (2.9 billion USD) at the end of 2022. By the end of the past year, the company's shareholders' equity stood at 4.3 billion SAR (1.1 billion USD).