Bayanat AI PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was AED 130.58 million compared to AED 142.16 million a year ago. Net income was AED 52.04 million compared to AED 63.85 million a year ago. Basic earnings per share from continuing operations was AED 0.02 compared to AED 0.03 a year ago.
For the six months, sales was AED 231.55 million compared to AED 231.79 million a year ago. Net income was AED 73.98 million compared to AED 107.26 million a year ago. Basic earnings per share from continuing operations was AED 0.03 compared to AED 0.05 a year ago.