Announcements
Annual Financial Statements for the Period Ending on 31/12/2018
Thu, 07 March 2019
Jadwa Investment announces the availability of the annual financial statements for Jadwa REIT Saudi. Below is the summary of the annual financial statements for the period ending on 31/12/2018:
- Net Asset (based on fair value) at the end of the period (SAR 1,743.2 million)
- Net Asset (based on cost) at the end of the period (SAR 1,574.8 million)
- Total expenses and fees for the period (SAR 14.2 million).
- Depreciation expense for the period (SAR 35.8 million)
- Net income for the period (SAR 67.5 million)
- Number of units available at the end of the year 158,000,000 units
- Net Asset Value per unit based on fair value approach (SAR 11.03)
- Revenue for the period is (SAR 117.6 million)
- Funds from Operations for the period (SAR 103.3 million).
- The yield for the period 6.54%
Please find attached a copy of the report, and you can visit the Fund Manager’s website at the link below: