RAK Properties 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 95.59 million compared to AED 159.27 million a year ago. Net income was AED 1.99 million compared to AED 78.13 million a year ago. Basic earnings per share from continuing operations was AED 0.001 compared to AED 0.039 a year ago.
For the nine months, sales was AED 289.58 million compared to AED 424.37 million a year ago. Net income was AED 27.55 million compared to AED 197.94 million a year ago. Basic earnings per share from continuing operations was AED 0.014 compared to AED 0.099 a year ago.