Riyad Reit Fund Announces the Interim Financial Results for the Period Ending on June 30, 2017
Riyad REIT Fund announced earnings results for the six month ended June 30, 2017. For the period, the company reported net profit of SAR 9,530,730 compared to SAR 3,164,296 a year ago. Gross profit was SAR 16,904,953 compared to SAR 9,069,668 a year ago. Operating profit was SAR 15,959,391 compared to SAR 8,372,616 a year ago. Earnings per shares was SAR 0.19 per share compared to SAR 0.06 per share a year ago.