National Real Estate Company Announces Earnings Results for the Second Quarter and First Half of 2017
National Real Estate Company announced earnings results for the second quarter and first half of 2017. For the quarter, operating revenue was KD 5.4 million, down 29.1%. EBITDA was KD 4.2 million, down 17.2%. Net profit to shareholders was KD 3.7 million, down 7.4%. Earnings per share (EPS) were 3.92 fils.
For the first half, operating revenue was KD 9.6 million, down 35.7%. EBITDA was KD 8.7 million, down 9.5%. Net profit to shareholders was KD 7.5 million, down 1.6%. Earnings per share (EPS) were 7.96 fils.