Alandalus Property Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 53.27 million compared to SAR 55.44 million a year ago. Net income was SAR 18.04 million compared to SAR 19.37 million a year ago. Basic earnings per share from continuing operations was SAR 0.19 compared to SAR 0.21 a year ago.
For the nine months, sales was SAR 160.66 million compared to SAR 158.34 million a year ago. Net income was SAR 53.3 million compared to SAR 57.55 million a year ago. Basic earnings per share from continuing operations was SAR 0.57 compared to SAR 0.62 a year ago.