Globe Residency REIT reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 459.44 million compared to PKR 829 million a year ago. Net income was PKR 51.19 million compared to PKR 142.17 million a year ago. Basic earnings per share from continuing operations was PKR 0.37 compared to PKR 1.02 a year ago.
For the nine months, sales was PKR 2,227.26 million compared to PKR 2,556.31 million a year ago. Net income was PKR 237.11 million compared to PKR 431.49 million a year ago. Basic earnings per share from continuing operations was PKR 1.69 compared to PKR 3.08 a year ago.