Al-Salam Real Estate Investment Trust reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 17.56 million compared to MYR 16.72 million a year ago. Revenue was MYR 19.38 million compared to MYR 17.78 million a year ago. Net income was MYR 2.7 million compared to MYR 4.87 million a year ago. Basic earnings per share from continuing operations was MYR 0.0047 compared to MYR 0.0084 a year ago.
For the nine months, sales was MYR 52 million compared to MYR 49.49 million a year ago. Revenue was MYR 57.09 million compared to MYR 52.24 million a year ago. Net income was MYR 9.34 million compared to MYR 13.85 million a year ago. Basic earnings per share from continuing operations was MYR 0.0161 compared to MYR 0.0239 a year ago.