Saudi Real Estate Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was SAR 15.62 million compared to net income of SAR 12.09 million a year ago. Basic loss per share from continuing operations was SAR 0.04 compared to basic earnings per share from continuing operations of SAR 0.03 a year ago.
For the nine months, net loss was SAR 89.27 million compared to net income of SAR 27.95 million a year ago. Basic loss per share from continuing operations was SAR 0.24 compared to basic earnings per share from continuing operations of SAR 0.09 a year ago.