Financial Results : AlAhli REIT 1 posts SAR 23.3M FFO, SAR 9.2M profit in H1 2025

AlAhli REIT 1 posts SAR 23.3M FFO, SAR 9.2M profit in H1 2025

11/08/2025 Argaam Exclusive

View other reports

AlAhli REIT Fund 1 reported a net profit decline of 38% to 9.2 million (SAR 0.07 per unit) in H1 2025, compared to SAR 14.8 million (SAR 0.11 per unit) in H1 2024.



Financials (M)

Item 6m 2024 6m 2025 Change‬
Rental Income 91.55 90.20 (1.5 %)
Funds from Operations(FFO) 26.79 23.33 (12.9 %)
Net Income 14.80 9.16 (38.2 %)
No of shares 137.50 137.50 -
Earnings Per Share before unusual items (Riyals) 0.11 0.07 (38.2 %)
Operating EPS (Riyal) 0.19 0.17 (12.9 %)
EPS (Riyal) 0.11 0.07 (38.2 %)

Funds from operations (FFO) stood at SAR 23.3 million in H1 2025, versus SAR 26.8 million in the year before.

 

Fund manager SNB Capital stated that the decline in H1 revenue was due to a fall in revenue from the hotel operations, partially offset by a rise in rental revenue from investment properties.



Balance Sheet (Million)

Item 6m 2024 6m 2025 Change‬
Total Assets 2,016.57 2,008.05 (0.4 %)
Total Debt 680.22 735.14 8.1 %
Net assets attributable to the Unitholders Item 1,218.30 1,170.58 (3.9 %)
Market value of net assets 1,381.22 1,374.80 (0.5 %)

Net asset value (NAV) stood at SAR 1.17 billion as of June 30, 2025, while the NAV per unit reached SAR 8.51.

 

The market value of assets reached SAR 1.37 billion by the end of H1 2025, while the per unit fair value stood at SAR 10.

 

View more financial results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.