Al Baraka Group B.S.C. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 200.2 million compared to USD 287.86 million a year ago. Net income was USD 47.34 million compared to USD 45.11 million a year ago. Basic earnings per share from continuing operations was USD 0.0246 compared to USD 0.0242 a year ago.
For the six months, net interest income was USD 444.93 million compared to USD 526.81 million a year ago. Net income was USD 88.77 million compared to USD 84.64 million a year ago. Basic earnings per share from continuing operations was USD 0.0587 compared to USD 0.0568 a year ago.