Ingenuity Property Investments Limited provided earnings guidance for the year ended August 31, 2017. For the year, the company expects headline earnings per share of 0.6 cents, which is a decrease of 83% when compared to the HEPS of 3.6 cents reported for the corresponding year ended 31 August 2016, earnings per share of 8 cents, which is a decrease of 42% when compared to the EPS of 13.8 cents reported for the corresponding year ended 31 August 2016, and net asset value per share of 124 cents, which is an increase of 4% when compared to the NAVPS of 119 cents reported for the corresponding year ended 31 August 2016. Earnings per share have decreased mainly due to finance charges on additional borrowings utilised for acquisitions and interest rate swap contracts concluded, which increased the total finance charges for the year by SAR 50.5 million.