Al Rajhi Capital announced the interim financial results of Al Rajhi REIT Fund for the first half of 2019.
Net profits amounted to SAR 30 million in H1-19, while total income stood at SAR 56.89 million, according to a filing to the Saudi Stock Exchange (Tadawul) on Monday.
By the end of June, the fund’s net asset value reached SAR 1.2 billion.
Funds from Operations (FFO) recorded SAR 38.5 million during the six-month period between January and June.
As for cash dividends, they reached a total of SAR 39.1 million for H1-19, representing SAR 0.32 per share.