KBS Real Estate Investment Trust III, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 270.16 million compared to USD 275.03 million a year ago. Revenue was USD 300.68 million compared to USD 308.02 million a year ago.

Net loss was USD 157.53 million compared to USD 62.46 million a year ago. Basic loss per share from continuing operations was USD 1.06 compared to USD 0.42 a year ago.