Al Rajhi Capital announces the Annual Audited Financials of Al Rajhi REIT Fund for the period 20th March 2018 to 31st December 2018
Element List | Explanation |
---|---|
Announcement Detail | Al Rajhi Capital announces the Annual Audited Financials of Al Rajhi REIT Fund, the Annual Financial results for the period 20th March 2018 to 31st December 2018 are summarized below: - Total Income: SAR 92,099,709 - Total Fees & Expenses: SAR (42,452,204) - Net Profit: SAR 49,647,505 - Net Asset Value: SAR 1,250,411,446 - No. of Units: 122,200,609 units - Net Asset Value per Unit: SAR 10.09 (fair value) - Total Dividends: SAR 59,189,288 - Net Yield: 4.84% Notes related to Financials: o Total Fees & Expenses include an amount in relation to profit on outstanding loan facility o Net Profit is for the period ended 31st December; equivalent to SAR 0.41 per unit o Funds from Operations (FFO) amounted to SAR 63,395,305 for the period ended 31st December; equivalent to SAR 0.52 per unit o Net Yield has been calculated on the par value of SAR 10 per unit o Total dividends paid are for the period ended 31st December 2018 o There are no prior period comparatives for the Fund since these are inaugural results Please click on the link below for the 2018 Annual Audited Financial Statements: http://www.alrajhi-capital.com/en/assetmanagement/Pages/reit.aspx |
Comments