Bupa Arabia reports 5% drop in Q3 profit to 345 million riyals
Bupa Arabia’s third-quarter profit fell 5% year-on-year to 345 million riyals, citing one-off gains last year and higher operating expenses.
Key Takeaways
AIBupa Arabia’s profit declined to 345 million riyals (SAR) in the third quarter of 2026, compared to 364 million riyals in the same period last year, marking a 5% decrease. The company attributed the drop in net profit this quarter to a non-recurring positive impact recorded in the same period last year, resulting from the reversal of a zakat provision related to the settlement of zakat obligations for previous years.
Other operating expenses rose by 24.55% to 134.53 million riyals, up from 108.01 million riyals, due to increased spending to support business growth. Additionally, net other income decreased by 20.24% to 11.38 million riyals, compared to 14.27 million riyals.
Net investment income reached 214 million riyals in the third quarter, up from 187 million riyals in the same period last year, a 14% increase. Net profit for the current period stood at 1.04 billion riyals, compared to 1.03 billion riyals in the corresponding period last year, an increase of 0.8%.
