AlAhli REIT Fund (1) posts SAR 48 mln profit in 9M

01/10/2019 Argaam

AlAhli REIT Fund (1) reported a net profit of SAR 48.4 million for the first nine months of 2019, according to a bourse filing.

 

Net assets attributable to unitholders stood at SAR 1.36 billion for the same period. Net asset value per unit reached SAR 9.86.

 

Direct expenses reached SAR 48.9 million, including depreciation of nearly SAR 16.8 million. On the other hand, direct revenue totaled SAR 109.9 million.

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