29/07/2019
Al Rajhi Capital announces the Interim Un-audited Financials of Al Rajhi REIT Fund for the period 1st January 2019 to 30th June 2019
Al Rajhi Capital announces the Interim unaudited Financials of Al Rajhi REIT Fund, for the period 1st January 2019 to 30th June 2019. The results are summarized below:
- Total Income: SAR 56,893,984
- Total Fees & Expenses: SAR 18,371,000
- Net Profit: SAR 30,045,868
- Net Asset Value: SAR 1,242,510,175
- No. of Units: 122,200,609 units
- Net Asset Value per Unit: SAR 10.17 (fair value)
- Total Dividends: SAR 39,104,194.88
- Dividend per unit: SAR 0.32
- Annualized Dividend Yield at par value: 6.4%.
Notes related to Financials:
- Total Fees & Expenses include an amount in relation to profit on outstanding loan facility
- Net Profit is for the period ended 30th June 2019; equivalent to SAR 0.245 per unit
- Funds from Operations (FFO) amounts to SAR 38,522,984 for the period ended 30th June 2019; equivalent to SAR 0.315 per unit
- Annualized Dividend Yield has been calculated on the par value
- Total dividends paid are for the period 1st Jan 2019 to 30th June 2019
For the Semi Annual Un-audited Financial Statements Click Here
