Al Maather Reit Fund Announces Unaudited Earnings Results for the Six Months Ended June 30, 2020
Al Maather Reit Fund announced unaudited earnings results for the six months ended June 30, 2020. For the period, the company reported rental income of SAR 26,782,650 against SAR 25,610,617 a year ago. Total operating income was SAR 26,813,128 against SAR 25,753,464 a year ago. Net income from operations was SAR 9,634,757 against SAR 20,441,638 a year ago. Net income for the period after zakat was SAR 3,896,257 against SAR 14,061,679 a year ago.