Emmar Real Estate Development & Investment Co. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was JOD 0.0073 million compared to JOD 0.01075 million a year ago. Negative revenue was JOD 0.217317 million compared to revenue of JOD 0.392757 million a year ago. Net loss was JOD 0.504443 million compared to net income of JOD 0.25575 million a year ago. Basic loss per share from continuing operations was JOD 0.025 compared to basic earnings per share from continuing operations of JOD 0.013 a year ago.
For the nine months, sales was JOD 0.0239 million compared to JOD 0.032251 million a year ago. Revenue was JOD 0.247002 million compared to JOD 0.393937 million a year ago. Net loss was JOD 0.306141 million compared to net income of JOD 0.012405 million a year ago. Basic loss per share from continuing operations was JOD 0.015 compared to basic earnings per share from continuing operations of JOD 0.001 a year ago.