Arab East for Real Estate Investments Company PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was JOD 0.382769 million compared to net loss of JOD 0.00796 million a year ago. Basic earnings per share from continuing operations was JOD 0.038 compared to basic loss per share from continuing operations of JOD 0.001 a year ago. Diluted earnings per share from continuing operations was JOD 0.038 compared to diluted loss per share from continuing operations of JOD 0.001 a year ago.
For the nine months, net income was JOD 0.216874 million compared to net loss of JOD 0.281187 million a year ago. Basic earnings per share from continuing operations was JOD 0.022 compared to basic loss per share from continuing operations of JOD 0.028 a year ago. Diluted earnings per share from continuing operations was JOD 0.022 compared to diluted loss per share from continuing operations of JOD 0.028 a year ago.