UBM Development AG reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 29.27 million compared to EUR 71.39 million a year ago. Net loss was EUR 1.56 million compared to net income of EUR 8.26 million a year ago. Basic loss per share from continuing operations was EUR 0.49 compared to basic earnings per share from continuing operations of EUR 0.77 a year ago. Diluted loss per share from continuing operations was EUR 0.49 compared to diluted earnings per share from continuing operations of EUR 0.77 a year ago.
For the nine months, sales was EUR 115.38 million compared to EUR 218.73 million a year ago. Net income was EUR 14.43 million compared to EUR 34.94 million a year ago. Basic earnings per share from continuing operations was EUR 1 compared to EUR 3.86 a year ago. Diluted earnings per share from continuing operations was EUR 1 compared to EUR 3.86 a year ago.