SICO records losses of SAR 48.22 mln during H1

SICO Capital Company announced on Tuesday that the interim financial statements of SICO Saudi REIT Fund ’s for the period ending on (30-06-2023) are available to the public, and the results were as follows:

Net Assets: 361,961,614 SAR

Total Expenses and Fees: 56,907,954 SAR

Net Profit/(Loss): -48,228,341 SAR

Number of the Outstanding Units: 57,240,000

Net Unit Value for Unit: 6.32 SAR

Revenue of the period: -11.76 %

The Fund Manager made available the English version of the financial statements, whereas the Fund Manager cannot publish the Arabic version of the financial statement at the moment. The Fund Manager will make the Arabic version of the financial statements available maximum by 17/0

8/2023.