Real Estate Development Company PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was JOD 0.158641 million compared to net income of JOD 0.724595 million a year ago. Basic loss per share from continuing operations was JOD 0.004 compared to basic earnings per share from continuing operations of JOD 0.015 a year ago.
For the nine months, sales was JOD 1.11 million compared to JOD 1.35 million a year ago. Net loss was JOD 0.17449 million compared to net income of JOD 1.04 million a year ago. Basic loss per share from continuing operations was JOD 0.004 compared to basic earnings per share from continuing operations of JOD 0.021 a year ago.