Al Baraka Group B.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was USD 219.44 million compared to USD 184.76 million a year ago. Net income was USD 41.34 million compared to USD 33.87 million a year ago. Basic earnings per share from continuing operations was USD 0.0341 compared to USD 0.028 a year ago.
For the nine months, net interest income was USD 746.25 million compared to USD 543.12 million a year ago. Net income was USD 125.97 million compared to USD 79.43 million a year ago. Basic earnings per share from continuing operations was USD 0.0909 compared to USD 0.0526 a year ago.