Palestine Real Estate Investment Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JOD 1.59 million compared to JOD 1.82 million a year ago. Net loss was JOD 6.17 million compared to net income of JOD 0.141636 million a year ago. Basic loss per share from continuing operations was JOD 0.096 compared to basic earnings per share from continuing operations of JOD 0.002 a year ago.
For the nine months, sales was JOD 4.38 million compared to JOD 6.28 million a year ago. Net loss was JOD 5.77 million compared to net income of JOD 0.212536 million a year ago. Basic loss per share from continuing operations was JOD 0.09 compared to basic earnings per share from continuing operations of JOD 0.003 a year ago.