Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was AED 9.33 million compared to AED 5.33 million a year ago. Basic loss per share from continuing operations was AED 0.06 compared to AED 0.03 a year ago.
For the six months, net loss was AED 23.37 million compared to AED 5.57 million a year ago. Basic loss per share from continuing operations was AED 0.15 compared to AED 0.04 a year ago.