Mulkia Gulf REIT reports SAR 20 mln operating profit in H1 2019

07/08/2019 Argaam

Mulkia Gulf Real Estate REIT Fund has reported an operating profit of SAR 20.34 million (SAR 0.34/ unit) in H1 2019.

Mulkia REIT Income Statement (SAR mln)

Item

H1 2018

H2 2019

Variance%

Revenue (SAR mln)

26.32

28.98

+10%

Net operating profit (SAR mln)

17.96

20.34

+13%

Net operating profit per unit

0.30

0.34

+13%

Net profit (SAR mln)

14.37

19.96

+39%

Number of units (mln units)

60.0

60.0

--

Earnings per unit

0.24

0.33

+39%

A total of SAR 3.56 million in asset impairment losses were written back in the current quarter.

Net book value of assets stood at SAR 585.7 million, with a unit book value at SAR 9.76 at the end of June 2019.

Total operating expenses reached SAR 8.64 million, and depreciation expenses hit SAR 3.97 million in H1 2019. 


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts