United Real Estate Co KSCP 2023 AR2
The report outlines United Real Estate Company's (URC) financial and operational performance for the fiscal year ended December 31, 2023, marking its 50th anniversary. Financially, the company achieved a net profit of KD 4.2 million, representing a 23.5% increase from the previous year, and generated total revenues of KD 87.3 million. Operationally, URC advanced key local projects, including the Hessah District, and expanded regionally with the completion of the Waldorf Astoria Cairo Heliopolis hotel in Egypt. The report also highlights URC's sustainable development initiatives, focusing on women's empowerment, youth sports sponsorship, and educational partnerships.
Company: United Real Estate Co KSCP
Sector: Real Estate
Country: Kuwait
Year: 2023
Type: AR2
Pages: 79
United Real Estate Co KSCP
Annual Report
The report outlines United Real Estate Company's (URC) financial and operational performance for the fiscal year ended December 31, 2023, marking its 50th anniversary. Financially, the company achieved a net profit of KD 4.2 million, representing a 23.5% increase from the previous year, and generated total revenues of KD 87.3 million. Operationally, URC advanced key local projects, including the Hessah District, and expanded regionally with the completion of the Waldorf Astoria Cairo Heliopolis hotel in Egypt. The report also highlights URC's sustainable development initiatives, focusing on women's empowerment, youth sports sponsorship, and educational partnerships.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available