Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was AED 10.25 million compared to net income of AED 0.992 million a year ago. Basic loss per share from continuing operations was AED 0.067 compared to basic earnings per share from continuing operations of AED 0.006 a year ago.
For the nine months, net loss was AED 15.03 million compared to net income of AED 4.37 million a year ago. Basic loss per share from continuing operations was AED 0.098 compared to basic earnings per share from continuing operations of AED 0.028 a year ago.