Announcement by OSOOL & BAKHEET Investment Company that AlMaather REIT’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public.
Sunday, March 31, 2024 at 5:15 PM OSOOL & BAKHEET Investment Company announces that AlMaather REIT’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public. – Net assets on the end of period of 513,661,998 Saudi Riyal – Total expenses and fees for the period…
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Osool and Bakheet Investment Company announces the annual financial results as of 31-12-2023.
Sunday, March 31, 2024 at 4:00 PM Element List Current Year Previous Year %Change Sales/Revenue 60,377,685 28,204,821 114.07 Gross Profit (Loss) 27,051,407 9,977,659 171.12 Operational Profit (Loss) 27,944,577 12,582,331 122.09 Net profit (Loss) 25,497,112 10,244,700 148.88 Total Comprehensive Income 24,909,467 9,970,950 149.82 Total Share Holders Equity (After Deducting the Minority Equity) 200,105,719 107,696,252 85.81 Profit…
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Osool & Bakheet net profit rises to SAR 25.5M in 2023
Osool & Bakheet Investment Co.’s net profit rose to SAR 25.5 million for 2023, compared to SAR 10.2 million a year earlier, backed by a 114% surge year-on-year (YoY) in operating revenue to SAR 60.38 million for 2023, in addition to higher fair value investments. Financials (M) Item 2022 2023 Change Revenues 28.21 60.38 114.1…
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Announcement by Osool & Bakheet Investment Company Regarding an update of the terms and conditions of Al Ma’ather REIT
Monday, February 19, 2024 at 5:45 PM Osool & Bakheet Investment Company announces an update of the terms and conditions of Al Ma’ather REIT as of 25/08/1445H corresponding to 06/03/2024G. A summary of the main updated items are as follows: Updating the terms and conditions of the Al Ma’ather REIT Fund in accordance with the…
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Obic Admin
Announcement by Osool & Bakheet Investment Company regarding an update of the terms and conditions of (Osool & Bakheet Saudi Trading Equity Fund)
Tuesday, February 28, 2023 at 9:35 AM Osool & Bakheet Investment Company announces an update of the terms and conditions of (Osool & Bakheet Saudi Trading Equity Fund) as of (18/07/1444H) corresponding to (09/02/2023G.). A summary of the main updated items are as follows: The fund’s terms and conditions have been reclassified to comply with…
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Obic Admin
Osool & Bakheet Investment Company Announces the Appointment of its Board Chairman
Osool and Bakheet Investment Company announces, as per the decision of its Board of Directors dated 16/05/1445H (corresponding to 30/11/2023G), the appointment of existing Board member, His Excellency Mr. Abdullah Ibrahim Al-Khorayef as the Chairman of the Board of Directors for the current term. This appointment will be effective from the date of approval by…
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