KBS Real Estate Investment Trust III, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 68.86 million compared to USD 71.08 million a year ago. Revenue was USD 80.3 million compared to USD 74.74 million a year ago. Net income was USD 10.55 million compared to USD 27.42 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.15 a year ago.