Musharaka REIT posted a net profit of SAR 40.08 million for the fiscal year 2019 as compared to SAR 54.84 million a year earlier, according to a bourse statement on Sunday.
Net asset value (NAV) stood at SAR 907.22 million, while net book value per unit hit SAR 10.31.
The full-year expenses and fees reached SAR 29.96 million.
The number of issued units totaled 88 million and net return per unit reached 7% in FY2019.
Total income for FY2019 for the fund reached SAR 65.37 million.
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