Sagicor Financial Company Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 3.53 million compared to USD 74.08 million a year ago. Basic loss per share from continuing operations was USD 0.025 compared to USD 0.519 a year ago. Diluted loss per share from continuing operations was USD 0.025 compared to USD 0.519 a year ago.
For the nine months, net income was USD 46.72 million compared to net loss of USD 236.27 million a year ago. Basic earnings per share from continuing operations was USD 0.328 compared to basic loss per share from continuing operations of USD 1.653 a year ago. Diluted earnings per share from continuing operations was USD 0.324 compared to diluted loss per share from continuing operations of USD 1.653 a year ago.