Maendeleo Bank PLC announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced net income was TZS 154 million compared to TZS 322 million a year ago. Basic earnings per share was TZS 7 compared to TZS 22 a year ago. For the nine months, net income was TZS 243 million compared to TZS 547 million a year ago. Basic earnings per share was TZS 11 compared to TZS 38 a year ago.