Arab East for Real Estate Investments Company PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was JOD 0.17486 million compared to net loss of JOD 0.05783 million a year ago. Basic earnings per share from continuing operations was JOD 0.017 compared to basic loss per share from continuing operations of JOD 0.006 a year ago. Diluted earnings per share from continuing operations was JOD 0.017 compared to diluted loss per share from continuing operations of JOD 0.006 a year ago.
For the six months, net loss was JOD 0.165895 million compared to JOD 0.273227 million a year ago. Basic loss per share from continuing operations was JOD 0.017 compared to JOD 0.027 a year ago. Diluted loss per share from continuing operations was JOD 0.017 compared to JOD 0.027 a year ago.