AlBaraka Bank Egypt S.A.E. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:59 am
alBaraka Bank Egypt S.A.E. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was EGP 1,055.1 million compared to EGP 892.27 million a year ago. Net income was EGP 584.74 million compared to EGP 473.33 million a year ago. Basic earnings per share from continuing operations was EGP 0.7 compared to EGP 0.56 a year ago.
For the nine months, net interest income was EGP 3,250.64 million compared to EGP 2,511.29 million a year ago. Net income was EGP 1,604.29 million compared to EGP 1,256.44 million a year ago. Basic earnings per share from continuing operations was EGP 1.88 compared to EGP 1.5 a year ago.