TECOM Group PJSC reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was AED 610.91 million compared to AED 543.95 million a year ago. Net income was AED 339.64 million compared to AED 283.04 million a year ago. Basic earnings per share from continuing operations was AED 0.07 compared to AED 0.06 a year ago. Diluted earnings per share from continuing operations was AED 0.07 compared to AED 0.06 a year ago. For the nine months, sales was AED 1,758.66 million compared to AED 1,592.82 million a year ago. Net income was AED 942.68 million compared to AED 767.54 million a year ago. Basic earnings per share from continuing operations was AED 0.19 compared to AED 0.15 a year ago. Diluted earnings per share from continuing operations was AED 0.19 compared to AED 0.15 a year ago.
TECOM Group is a UAE-based financial institution that provides real estate investment services for sectors including education, media, science, and technology.