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:
Gulf Union Cooperative Insurance Company
sales of 140.23 million Saudi Riyals [US$37.40 million]
Al-Ahlia Insurance Company for Cooperative Insurance
(206.22 million Saudi Riyals [US$54.99 million]
of which 54%
was Vehicles), and
Amana for Cooperative Insurance Co
(284.60 million Saudi Riyals [US$75.89 million]
of which 84%
Gulf General Cooperative Insurance Co reported sales of 177.89 million Saudi Riyals (US$47.44 million)
December of 2016.
decrease of 9.6%
versus 2015, when the company's sales were 196.86 million Saudi Riyals.
Contributing to the drop in overall sales was the 30.3% decline
in Medical, from 29.63 million Saudi Riyals to 20.66 million Saudi Riyals.
There were also decreases in sales in
Motor (down 9.3% to 102.94 million Saudi Riyals)
Marine (down 24.9% to 7.44 million Saudi Riyals)
Other (down 11.2% to 9.65 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Engineering (up 21.9% to 4.44 million Saudi Riyals)
Property (up 28.3% to 1.66 million Saudi Riyals)