Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Alandalus Property unveils financials results for 2024, dividends for H2
    Property

    Alandalus Property unveils financials results for 2024, dividends for H2

    March 24, 20251 Min Read


    Riyadh –   Alandalus Property Company incurred net losses worth SAR 31.60 million in 2024, against net profits amounting to SAR 36.42 million at the end of December 2023.

    Revenues climbed by 9.63% year-on-year (YoY) to SAR 235.89 million in 2024 from SAR 215.16 million, according to the financial results.

    Loss per share hit SAR 0.34 last year, versus earnings per share (EPS) of SAR 0.39 in 2023.

    Cash Dividends for H2-24

    The board of Alandalus Property recommended cash dividends of SAR 23.33 million, equivalent to 2.50% of the capital, for the second half (H2) of 2024.

    The company will pay out a dividend of SAR 0.25 per share for 93.33 million eligible shares.

    In H1-24, Alandalus Property shifted to net losses valued at SAR 6.53 million, compared to net profits worth SAR 25.91 million in H1-23.

    Source: Mubasher

    All Rights Reserved – Mubasher Info © 2005 – 2022 Provided by SyndiGate Media Inc. (Syndigate.info).
    Mubasher



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    ANALYSIS: Property market potential locked by inflation

    Property

    Metros where you can get a home well below asking price across the US

    Property

    Morrisons head of property steps down

    Property

    UK property sales rise in June, offering boost to Chancellor Rachel Reeves

    Property

    HMRC data – Mortgage Strategy

    Property

    UK seaside village where homes are selling for as little as £5,000

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Ripple Backs National Cryptocurrency Association With $50 Million Grant

    Fintech

    Temenos launches enterprise service to power faster, lower-cost cross border payments

    Cryptocurrency

    Is Bitcoin Fulfilling a Biblical Prophecy?

    Editors Picks

    China uncertainty, firmer US dollar weigh on copper prices

    October 15, 2024

    Iridia Makes History: First Cryptocurrency and Molecular Off-World Data Archive Successfully Lands on the Moon

    March 4, 2025

    New Cryptocurrency Releases, Listings, & Presales Today – THE EYE, Levva Protocol, Highkey

    March 12, 2025

    The UK remains a promising option for international BTL investment – Dougill

    March 3, 2025
    What's Hot

    Retirement No Longer an Option for Dettori

    August 10, 2024

    Is This Correction Your Chance? Top 5 Canadian Dividend Stocks on Sale

    March 21, 2025

    AI and IP USA 2025: Future-proofing event aims at intersection of technology and law | Artificial Intelligence

    July 10, 2025
    Our Picks

    How a couple added a staggering $5.1million in value to their humble bush property by transforming it into a jaw-dropping modern masterpiece

    April 11, 2025

    German potato breeder Norika completes leadership generation change

    August 19, 2024

    The NARS settlement agreement will not only affect real estate agents but also home buyers and sellers

    August 16, 2024
    Weekly Top

    What Do Investors Need to Know About Real-World Assets (RWAs) in Cryptocurrency?

    August 1, 2025

    As digital dollar gains ground, will India’s high-net-worth individuals switch to stablecoins?

    August 1, 2025

    Long-dated euro zone bonds sell off; Trump slaps on tariffs

    August 1, 2025
    Editor's Pick

    The stunning UK town where you can buy houses for £84k | UK | News

    April 4, 2025

    Property firm unveils 1000-home portfolio

    June 16, 2025

    Exploring the Journey of Digital Currencies in the Banking Sector

    May 3, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.