Al Salam Bank - Sudan reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was SDG 55.33 million compared to SDG 605.67 million a year ago. Net loss was SDG 496.97 million compared to net income of SDG 343.71 million a year ago. Basic loss per share from continuing operations was SDG 5 compared to basic earnings per share from continuing operations of SDG 2.83 a year ago.
For the nine months, net interest income was SDG 1,055.76 million compared to SDG 1,824.84 million a year ago. Net income was SDG 29.56 million compared to SDG 2,694.91 million a year ago. Basic earnings per share from continuing operations was SDG 0.24 compared to SDG 22.22 a year ago.