National Real Estate Company reported financial results for 2017. The company reported an operating revenue of KD 38.5 million, an EBITDA of KD 13.9 million and a net profit of KD 10.6 million. NREC's core operational activity continues to grow, however the decrease in the EBITDA and net profit for the year is mainly attributed to a fair valuation write down taken on BOT projects nearing their expiry within NREC's portfolio.