Announcement by Al Rajhi Capital for providing the public with the interim financial statements of Al Rajhi REIT Fund for the period ending on 30/06/2024
| Element List | Explanation |
|---|---|
| Introduction | Al Rajhi Capital announces that the interim financial statements of Al Rajhi REIT Fund for the period ending on 30/06/2024 are available to the public. The following is the summary of the interim financial results of the period: |
| Net Assets | 2,209,525,756 SAR |
| Total Expenses and Fees | 67,125,992 SAR |
| Net Profit/(Loss) | 71,578,289 SAR |
| Number of the Outstanding Units | 275,607,498 |
| Net Unit Value for Unit | 8.46 SAR |
| Revenue of the period % | 2.65 % |
| Fund’s Interim Financial Statements |  |
| Additional Information | Notes related to Financials (additional Information): |
• Total Fees & Expenses include an amount in relation to profit on outstanding loan Facility and depreciation expense of real estate investments
• Net Asset Value per Unit: SAR 8.46 (fair value)
• Net Asset Value per Unit: SAR 8.02 (book value)
• Revenue of the period is the percentage of dividend for the period from 1 Jan 2024 to 30 June 2024 at Par Value: 2.65%. Noting that the total dividends for the period 1st Jan 2024 to 30th June 2024 equal to SAR 73,035,986.97.
• Reversal of impairment on investment properties: SAR 19,670,802.
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.