AREIT, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 1,136.14 million compared to PHP 873.96 million a year ago. Revenue was PHP 1,476.09 million compared to PHP 1,184.52 million a year ago.

Net income was PHP 1,010.33 million compared to PHP 810.26 million a year ago. Basic earnings per share from continuing operations was PHP 0.57 compared to PHP 0.54 a year ago. Diluted earnings per share from continuing operations was PHP 0.57 compared to PHP 0.54 a year ago.