Gulf Insurance Group reports net profit of 38.5 million dinars in first nine months
صورة: وكالة الأنباء الكويتية (كونا)
Gulf Insurance Group announced a net profit of 38.5 million dinars during the first nine months of 2026, marking a significant increase compared to the same period in 2025.
Translated by Alqyas from KUNA — Original source
Kuwait - Gulf Insurance Group announced on Sunday that it achieved net profits of 38.5 million Kuwaiti dinars (approximately $118.5 million) during the first nine months of 2026, compared with 14.2 million dinars (approximately $43.7 million) for the same period in 2025, representing a 171.2% increase. In a disclosure published on the Kuwait Stock Exchange website, the company stated that earnings per share for the first nine months of 2026 reached 127.15 fils, compared with 41.71 fils for the same period in 2025, a rise of 204.8%. The group attributed the improvement in net profit for the nine-month period ending September 30, 2026, compared with the same period last year, to higher operating profits. Established in 1962 and listed on the Kuwait Stock Exchange in 1984, Gulf Insurance Group has an authorized capital of 35 million dinars (approximately $107.8 million) and engages in all reinsurance, guarantee, and compensation activities, as well as capital and property investment in financial and real estate sectors, both locally and internationally. (End) M.K.A.
