Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was AED 9.48 million compared to AED 12.14 million a year ago. Basic loss per share from continuing operations was AED 0.06 compared to AED 0.08 a year ago.
For the nine months, net loss was AED 32.85 million compared to AED 17.7 million a year ago. Basic loss per share from continuing operations was AED 0.21 compared to AED 0.11 a year ago.