Islamic Arab Insurance Co. (Salama) PJSC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was AED 1.26 million compared to net loss of AED 3.62 million a year ago. Basic earnings per share from continuing operations was AED 0.001 compared to basic loss per share from continuing operations of AED 0.0039 a year ago.
For the nine months, net income was AED 0.428 million compared to AED 5.25 million a year ago. Basic earnings per share from continuing operations was AED 0.001 compared to AED 0.0052 a year ago.