United Real Estate Company S.A.K.P. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was KWD 8.62 million compared to KWD 7.33 million a year ago. Revenue was KWD 20.33 million compared to KWD 21.3 million a year ago. Net income was KWD 1.6 million compared to KWD 1.2 million a year ago. Basic earnings per share from continuing operations was KWD 0.00149 compared to KWD 0.00112 a year ago. Diluted earnings per share from continuing operations was KWD 0.00149 compared to KWD 0.00112 a year ago.
For the nine months, sales was KWD 24.07 million compared to KWD 20.22 million a year ago. Revenue was KWD 61.06 million compared to KWD 64.4 million a year ago. Net income was KWD 8.18 million compared to KWD 2.47 million a year ago. Basic earnings per share from continuing operations was KWD 0.00761 compared to KWD 0.0023 a year ago. Diluted earnings per share from continuing operations was KWD 0.00761 compared to KWD 0.0023 a year ago.