Caribbean Assurance Brokers Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JMD 172.42 million compared to JMD 222.43 million a year ago. Revenue was JMD 203.35 million compared to JMD 237.49 million a year ago. Net income was JMD 37.11 million compared to JMD 100.47 million a year ago. Basic earnings per share from continuing operations was JMD 0.14 compared to JMD 0.38 a year ago.
For the nine months, sales was JMD 373.01 million compared to JMD 400.74 million a year ago. Revenue was JMD 418.64 million compared to JMD 432.28 million a year ago. Net income was JMD 56.12 million compared to JMD 104.92 million a year ago. Basic earnings per share from continuing operations was JMD 0.21 compared to JMD 0.4 a year ago.