Kuwait Real Estate Co KPSC 2024 Annual Report
The report outlines the financial and operational achievements of Kuwait Real Estate Company (AQARAT) for the fiscal year 2024. The company recorded a net profit of KD 13.4 million, a 19% increase year-over-year, with total assets reaching KD 460.9 million. Key operational milestones included relaunching the Arabella Complex in Kuwait and progressing on the Al-Tay Hills development in Sharjah. To strengthen its ESG commitment, AQARAT established a dedicated Sustainability Committee reporting to the Board of Directors, focusing on energy-efficient designs, smart water and waste management, and community initiatives.
Company: Kuwait Real Estate Co KPSC
Sector: Real estate
Country: Kuwait
Year: 2024
Type: Annual Report
Pages: 106
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Kuwait Real Estate Co KPSC
Annual Report
The report outlines the financial and operational achievements of Kuwait Real Estate Company (AQARAT) for the fiscal year 2024. The company recorded a net profit of KD 13.4 million, a 19% increase year-over-year, with total assets reaching KD 460.9 million. Key operational milestones included relaunching the Arabella Complex in Kuwait and progressing on the Al-Tay Hills development in Sharjah. To strengthen its ESG commitment, AQARAT established a dedicated Sustainability Committee reporting to the Board of Directors, focusing on energy-efficient designs, smart water and waste management, and community initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available