Elite Commercial REIT reported earnings results for the six months and full year ended December 31, 2022. For the six months, the company reported sales was GBP 18.37 million compared to GBP 18.84 million a year ago. Net loss was GBP 38.39 million compared to net income of GBP 0.688 million a year ago. Basic loss per share from continuing operations was GBP 0.08 compared to Basic earnings per share from continuing operations of GBP 0.0015 a year ago. Diluted loss per share from continuing operations was GBP 0.08 compared to Basic earnings per share from continuing operations of GBP 0.0015 a year ago.

For the full year, the company reported sales was GBP 37.08 million compared to GBP 34.73 million a year ago. Net loss was GBP 18.33 million compared to GBP 4.74 million a year ago. Basic loss per share from continuing operations was GBP 0.0383 compared to GBP 0.0106 a year ago. Diluted loss per share from continuing operations was GBP 0.0383 compared to GBP 0.0106 a year ago.