Order Book analysis by agent about Stock بساما on 11/8/2025

## Analysis of Basama's income (Saman Insurance) in the last three years ### **Insurance income (annual period of 12 months):** **Year 1400:** 20,006.7 billion Rials **Year 1401:** 27,286.8 billion rials → **36.4% growth** ✓ **Year 1402:** 36,542.3 billion rials → **33.9% growth** ✓ --- ### **annual net profit:** **Year 1400:** 2,739 billion Rials **Year 1401:** 3,079.1 billion rials → **12.4% growth** ✓ **Year 1402:** 1,942.1 billion rials → **36.9% decrease** ✗ --- ### **Conclusion:** Bassama shows an interesting trend: **Strengths:** - The insurance income of 1401 and 1402 compared to the previous year both had a significant growth (+36.4% and +33.9%) - In three years, insurance income has more than doubled (from 20 trillion to 36.5 trillion rials) **Weaknesses:** - **The year 1402 saw a drop in net profit** (+36.9%); This means that although incomes rose, costs rose faster - 2014 net profit fell even with 33.9% growth in revenues, indicating pressure on profit margins. **Interpretation:** Basama was able to grow its income, but seems to have faced increased operating costs in 1402 (probably insurance losses, finance charges, or higher taxes). This company is in the phase of revenue growth, but it has not maintained its operational efficiency.