Oman Arab Bank SAOG 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 OMR 18.68 million compared to OMR 18.44 million a year ago. Net income was OMR 6.03 million compared to OMR 3.57 million a year ago. Basic earnings per share from continuing operations was OMR 0.0005 compared to basic loss per share from continuing operations of OMR 0.001 a year ago. Diluted earnings per share from continuing operations was OMR 0.0005 compared to diluted loss per share from continuing operations of OMR 0.001 a year ago.
For the six months, net interest income was OMR 35.84 million compared to OMR 36.27 million a year ago. Net income was OMR 11.54 million compared to OMR 7.05 million a year ago. Basic earnings per share from continuing operations was OMR 0.004 compared to OMR 0.001 a year ago. Diluted earnings per share from continuing operations was OMR 0.004 compared to OMR 0.001 a year ago.