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Sumer Commercial Bank (PSC) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest loss was IQD 340.8 million compared to IQD 371 million a year ago. Net loss was IQD 1,524.88 million compared to net income of IQD 989.58 million a year ago. Basic loss per share from continuing operations was IQD 0.0061 compared to basic earnings per share from continuing operations of IQD 0.00396 a year ago.For the nine months, net interest loss was IQD 897.89 million compared to IQD 1,026.44 million a year ago. Net loss was IQD 9,362.75 million compared to IQD 451.81 million a year ago.
Period Ending: | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Sep 30, 2022 |
---|---|---|---|---|
Total Revenue | 1014.69 | 0 | 0 | 2596.29 |
Net Income | -1524.88 | 989.58 |
Period Ending: | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Sep 30, 2022 |
---|---|---|---|---|
Total Assets | 301595.58 | 349108.17 | ||
Total Liabilities | 45700 | 85562.83 | ||
Total Equity | 255895.57 | 263545.34 |
Period Ending: | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Sep 30, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -12559.03 | -574.35 | ||
Cash From Investing Activities | -5400.66 | -241.22 | ||
Cash From Financing Activities | -24294.9 | 5535.18 | ||
Net Change in Cash | -42254.59 | 4719.6 |
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