Announcement by Musharaka Capital Company that Musharaka REIT Fund ’s annual reports, including the annual audited financial statements, for the period ended on ( 2022-12-31 ) are available to the public
4335
MUSHARAKA REIT
-0.49 %
1444/09/08 30/03/2023 17:20:47
| Element List | Explanation |
|---|---|
| Introduction | Musharaka Capital Company Announces that Musharaka REIT Fund's annual reports, including the annual audited financial statements, for the period ended on 12/31/2022 AD |
| Net Assets | 816,870,039 SAR |
| Total Expenses and Fees | 55,759,048 SAR |
| Net Profit/(Loss) | 10,900,439 SAR |
| Number of the Outstanding Units | 88,000,000 |
| Net Unit Value for Unit | 9.28 SAR |
| Revenue of the period % | 5 % |
| Fund’s Annual Report |  |
| Additional Information | The reason for the decrease in the fund's net profit compared to 2021 is due to the increase in the costs of operating, maintaining, and renovating some properties as a result of self-operation, in addition to the increase in financing costs and the decrease in the valuation of some properties. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.