Masraf Al Rayan (Q.P.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 QAR 1,903.09 million compared to QAR 1,325.14 million a year ago. Net income was QAR 473 million compared to QAR 331.25 million a year ago. Basic earnings per share from continuing operations was QAR 0.051 compared to QAR 0.036 a year ago.
For the nine months, net interest income was QAR 5,395.07 million compared to QAR 3,624.09 million a year ago. Net income was QAR 1,237.65 million compared to QAR 1,331.16 million a year ago. Basic earnings per share from continuing operations was QAR 0.133 compared to QAR 0.143 a year ago.