Di?s Fastigheter AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 22, 2021 at 06:00 am
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Di?s Fastigheter AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was SEK 401 million compared to SEK 398 million a year ago. Revenue was SEK 480 million compared to SEK 478 million a year ago. Net income was SEK 400 million compared to SEK 230 million a year ago. Basic earnings per share from continuing operations was SEK 2.98 compared to SEK 1.72 a year ago.
For the nine months, sales was SEK 1,185 million compared to SEK 1,131 million a year ago. Revenue was SEK 1,467 million compared to SEK 1,406 million a year ago. Net income was SEK 1,348 million compared to SEK 476 million a year ago. Basic earnings per share from continuing operations was SEK 10.05 compared to SEK 3.55 a year ago.
Dios Fastigheter AB is a Sweden-based company active within the real estate sector. It is engaged in the acquisition, development, management and sale of primarily commercial real estate property, such as offices, retail premises and industrial premises, among others. Its real estate portfolio is focused in the municipalities of Borlange, Falun, Gavle, Mora, Ostersund, Sundsvall, Skelleftea and Lulea. As of December 31, 2011, the Companyâs real estate portfolio comprised 93 properties with a total leasable area of 338,721 square meters. The Company has nine subsidiaries: Dios Fastigheter I AB, Dios Fastigheter II AB, Dios Fastigheter V AB, Fastighets AB Uprum, Dios Fastigheter X AB and Are Contrum AB, among others. In July 2014, it sold property Borgmastaren 4, Strandgatan 22 to a newly formed housing association Borgmastaren 4 in Ostersund. In September 2014, the Company sold a property at Solhojden 31 in Sundsvall to HSB Produktion.