Amlak Finance PJSC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was AED 6.36 million compared to AED 5.75 million a year ago. Revenue was AED 193.95 million compared to AED 875.44 million a year ago. Net income was AED 123.56 million compared to AED 887.14 million a year ago. Basic earnings per share from continuing operations was AED 0.082 compared to AED 0.591 a year ago. Diluted earnings per share from continuing operations was AED 0.049 compared to AED 0.32 a year ago.
For the nine months, sales was AED 12.49 million compared to AED 18.57 million a year ago. Revenue was AED 504.03 million compared to AED 1,217.43 million a year ago. Net income was AED 389.9 million compared to AED 1,083.73 million a year ago. Basic earnings per share from continuing operations was AED 0.259 compared to AED 0.722 a year ago. Diluted earnings per share from continuing operations was AED 0.156 compared to AED 0.381 a year ago.