RAK Properties PJSC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was AED 173.93 million compared to AED 95.59 million a year ago. Net income was AED 16.98 million compared to AED 1.99 million a year ago. Basic earnings per share from continuing operations was AED 0.008 compared to AED 0.001 a year ago.
For the nine months, sales was AED 685.56 million compared to AED 289.58 million a year ago. Net income was AED 105.17 million compared to AED 27.55 million a year ago. Basic earnings per share from continuing operations was AED 0.053 compared to AED 0.014 a year ago.