Bayanat AI PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 279.76 million compared to AED 258.77 million a year ago. Net income was AED 33.78 million compared to AED 39.66 million a year ago. Basic earnings per share from continuing operations was AED 0.01 compared to AED 0.02 a year ago.
For the nine months, sales was AED 511.31 million compared to AED 490.55 million a year ago. Net income was AED 107.76 million compared to AED 146.93 million a year ago. Basic earnings per share from continuing operations was AED 0.04 compared to AED 0.07 a year ago.