Arab East for Real Estate Investments PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was JOD 0.00796 million compared to net income of JOD 0.408292 million a year ago. Basic loss per share from continuing operations was JOD 0.001 compared to basic earnings per share from continuing operations of JOD 0.041 a year ago.
For the nine months, net loss was JOD 0.281187 million compared to net income of JOD 1.42 million a year ago. Basic loss per share from continuing operations was JOD 0.028 compared to basic earnings per share from continuing operations of JOD 0.143 a year ago.