Arab East for Real Estate Investments PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was JOD 0.05783 million compared to net income of JOD 0.150371 million a year ago. Basic loss per share from continuing operations was JOD 0.006 compared to basic earnings per share from continuing operations of JOD 0.015 a year ago.
For the six months, net loss was JOD 0.273227 million compared to net income of JOD 1.02 million a year ago. Basic loss per share from continuing operations was JOD 0.027 compared to basic earnings per share from continuing operations of JOD 0.102 a year ago.