Masraf Al Rayan (Q.P.S.C.) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was QAR 1,789.9 million compared to QAR 1,213.18 million a year ago. Net income was QAR 379.69 million compared to QAR 512.19 million a year ago. Basic earnings per share from continuing operations was QAR 0.041 compared to QAR 0.055 a year ago.
For the six months, net interest income was QAR 3,491.99 million compared to QAR 2,298.95 million a year ago. Net income was QAR 764.64 million compared to QAR 999.91 million a year ago. Basic earnings per share from continuing operations was QAR 0.082 compared to QAR 0.108 a year ago.