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20/02/2013 08:28 AST
Saudi real estate company (Al Akaria) has announced the audited Financial results for the year ended December 31, 2012 as follows:
1. The net income of SR 179.5 million compared to the net income of SR 149.7 million for the previous year, which represents An Increase of 19.9%.
2. The earnings per share was SR 1.5 compared to SR 1.25 for the previous year.
3. The Gross profit of SR 178.3 million compared to SR 179.8 million for the previous year, which represents a decrease of 0.8%.
4. The income from operations of SR 161.4 million compared to SR 160.3 million for the previous year, which represents an increase of 0.7%.
5. The Increase in net income for the period ended December 31, 2012 compared to the same period in 2011 is due to the increase in rental income and charging the income statement of the same period 2011 the net unrealized loss due to management decision to demolish an old building.
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Saudi Real Estate Company has signed a contract On 19/05/1437H corresponding to 28/02/2016, amounting to SR (26,000,000) (Saudi Riyal Twenty Six million) with M/s Keo International Consultants for De
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The Board of Directors of Saudi Real Estate Co. has recommended the distribution of dividend to the shareholders for the period 1ST HALF OF 2014 as following:
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16/01/2013
Saudi real estate company (Al Akaria) has announced its Interim Financial results for the quarter and twelve months period ended December 31, 2012 as follows:
1. The Net income for the quart
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Ticker | Price | Volume |
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Ticker | Price | Change |
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MASAR | 25.05 | 0.00 (0.00 |
JABALOMAR | 24.84 | -0.06 (-0.25 |
DARALARKAN | 20.42 | -0.38 (-1.83 |
MCDC | 104.00 | 0.40 (0.38 |
EMAAREC | 13.64 | -0.14 (-1.02 |
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