Gulf General Cooperative Insurance Co operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gulf General Cooperative Insurance Co with three other
companies in this sector in Saudi Arabia:
Amana for Cooperative Insurance Co
sales of 312.01 million Saudi Riyals [US$83.18 million]
of which 55%
Gulf Union Cooperative Insurance Company
(157.31 million Saudi Riyals [US$41.94 million]
of which 33%
was Medical), and
Al-Ahlia Insurance Company for Cooperative Insurance
(216.37 million Saudi Riyals [US$57.68 million]
of which 56%
Gulf General Cooperative Insurance Co reported sales of 196.86 million Saudi Riyals (US$52.48 million)
December of 2015.
decrease of 12.3%
versus 2014, when the company's sales were 224.52 million Saudi Riyals.
Contributing to the drop in overall sales was the 14.3% decline
in Medical, from 34.58 million Saudi Riyals to 29.63 million Saudi Riyals.
There were also decreases in sales in
Motor (down 12.0% to 113.44 million Saudi Riyals)
Marine (down 2.8% to 9.90 million Saudi Riyals)
Property (down 6.0% to 1.30 million Saudi Riyals)
Other (down 4.8% to 10.86 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Engineering (up 0.6% to 3.64 million Saudi Riyals)