Al Maather REIT posted an operating profit of SAR 21.41 million for H1 2019, according to a bourse filing.
Net asset value hit SAR 587.7 million, the statement added.
The net book value of the fund's assets stood at SAR 9.58/unit at the end of June 2019.
Total direct expenses reached SAR 4.2 million, while depreciation and usufruct contracts amortization amounted to SAR 7.04 million for the same period.
|
Income Statement |
|||
|
Change % |
H1 2019 |
H1 2018 |
Period |
|
(% 1) |
25.61 |
25.89 |
Rental revenue (SAR mln) |
|
(% 28) |
(4.20) |
(5.87) |
OPEX (SAR mln) |
|
+7% |
21.41 |
20.03 |
Net operating income (SAR mln) |
|
+7% |
0.35 |
0.33 |
Operating profit per unit (SAR/unit) |
|
+5% |
14.36 |
13.69 |
Net Income (SAR mln) |
|
-- |
61.37 |
61.37 |
Number of units |
|
+5% |
0.23 |
0.22 |
Net profit/ unit |
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