Announcements
Annual Financial Statements for Jadwa REIT AlHaramain 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 AlHaramain. 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 716.9 million)
- Net Asset (based on cost) at the end of the period (SAR 646.6 million)
- Total expenses and fees for the period (SAR 8.8 million).
- Depreciation and amortization expenses for the period (SAR 13.4 million)
- Net income for the period (SAR 23.6 million)
- Number of units available at the end of the year (66,000,000) units
- Net Asset Value per unit based on fair value approach (SAR 10.86)
- Revenue for the period is (SAR 53.9 million)
- Funds From Operations for the period (SAR 37.02 million).
- The yield for the period 5.6%
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