Al Mashaar REIT posts SAR 6 mln profit in Q1 2019

10/04/2019 Argaam

 

Al Mashaar REIT Fund posted a net profit of SAR 6.11 million for Q1 2019, according to a bourse filing.

 

Operating income stood at SAR 7.81 million. Revenue reached SAR 9.58 million for the same period.

 

Net asset value hit SAR 573.38 million, the statement added.

 

Income Statement (Q1 2019)

Total revenue (SAR mln)

9.58

Net operating income (SAR mln)

7.81

Net profit (SAR mln)

6.11

Number of units (mln)

57.24

Net profit/unit (SAR/unit)

0.11


 

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