IMMOFINANZ AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 128.42 million compared to EUR 70.22 million a year ago. Revenue was EUR 183.2 million compared to EUR 97.18 million a year ago.

Net income was EUR 23.05 million compared to EUR 72.45 million a year ago. Basic earnings per share from continuing operations was EUR 0.16 compared to EUR 0.55 a year ago. Diluted earnings per share from continuing operations was EUR 0.16 compared to EUR 0.55 a year ago.