Saturday, 2 March 2024

‎“AlKhabeer REIT” achieves a net profit of SR43 million at the ‎end of 2022‎


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The “Alkhabeer Capital” company announced the availability of the annual report of the “Alkhabeer REIT” fund, which includes the audited annual financial statements. The following is a summary of the annual financial results for the fiscal year ending on December 31, 2022:

Net assets (assets) 1,187,477,118 Saudi riyals

The total expenses and fees are 75,385,621 Saudi riyals

Net profit / (loss) 43,376,044 Saudi riyals

The number of existing units at the end of the year is 141,008,848

The net unit value is 8,421 riyals.

The return for the period is 5.73%