Bonyan REIT Fund posts SAR 32 mln profit in H1 2019

08/08/2019 Argaam

 

Bonyan REIT Fund’s net profit stood at SAR 32.3 million for H1 2019, the fund manager Saudi Fransi Capital said in a bourse statement on Thursday.

 

Net Asset Value (NAV) stood at SAR 1.5 billion, while NAV per unit hit SAR 8.9.  

 

The fund reported SAR 4.3 million in total expenses and fees.

 

Total number of issued units reached 162.9 million for the same period.

 

Total return stood at 2.2 percent for the first half of the year, the statement added.

 

Income Statement

Item

H1 2019

Revenue (SAR mln)

59.51

Net operating profit (SAR mln)

55.21

Net operating profit per unit (SAR)

0.34

Net profit (SAR mln)

32.33

Number of units (mln units)

162.88

Earnings per unit (SAR)

0.20

 

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