Announcements
Jadwa Investment Company Announces the Availability of the Interim Financial Statement of Jadwa REIT Saudi Fund for the Period Ending on (2023-06-30) to the Public
Mon, 14 August 2023
Introduction: Jadwa Investment Company announces the availability of the interim financial statements of Jadwa REIT Saudi Fund.
The following is a summary of the results for the period ended 30 June 2023:
Net Assets at the End of the Period: SAR 1,746,369,365
Total Expenses and Fees for the Year/Period: SAR 58,999,538
Net Profit/(Loss) for the Year/Period: SAR 41,480,976
Number of the Outstanding Units at the End of Year/Period: 186,509,785 Units
Net Unit Value: SAR 10.72
Return for the Period: 4.16%
Hyperlink to Financial Statements:
https://reit.jadwa.com/uploads/attachments/2023/Jadwa_REIT_Saudi_Fund_30_June_2023_FS(EN).pdf
Additional Information: The Fund net income and funds from operation for the period ended 30 June, 2023 (“the period”) do not include dividends from other underlying investment funds in which Jadwa REIT Saudi Fund invested in, as the underlying funds usually distribute dividends after the end of the period and are not reflected in the interim financial statements of Jadwa REIT Saudi Fund.
The total expenses and fees include non-cash items
The net unit value represent the unit fair value
Return for the period = (FFO per Unit) / Par Value of Unit