Arab Islamic Bank P.L.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 1.37 million compared to net income of USD 3.7 million a year ago. Basic loss per share from continuing operations was USD 0.014 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.014 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
For the nine months, net income was USD 7.15 million compared to USD 11.06 million a year ago. Basic earnings per share from continuing operations was USD 0.071 compared to USD 0.109 a year ago. Diluted earnings per share from continuing operations was USD 0.071 compared to USD 0.109 a year ago.