Bank Of Sharjah P.J.S.C. 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 AED 72.36 million compared to AED 89.66 million a year ago. Net income was AED 21.84 million compared to net loss of AED 86.02 million a year ago. Basic earnings per share from continuing operations was AED 0.007 compared to basic loss per share from continuing operations of AED 0.039 a year ago.
For the nine months, net interest income was AED 171.56 million compared to AED 286.93 million a year ago. Net loss was AED 121.41 million compared to AED 281.35 million a year ago. Basic loss per share from continuing operations was AED 0.049 compared to AED 0.128 a year ago.