Reported Earnings • May 16
First quarter 2026 earnings released: EPS: د.ك0.004 (vs د.ك0.002 in 1Q 2025) First quarter 2026 results: EPS: د.ك0.004 (up from د.ك0.002 in 1Q 2025). Revenue: د.ك12.7m (up 11% from 1Q 2025). Net income: د.ك2.44m (up 69% from 1Q 2025). Profit margin: 19% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Ankündigung • May 05
Salhia Real Estate Company K.S.C.P. to Report Q1, 2026 Results on May 12, 2026 Salhia Real Estate Company K.S.C.P. announced that they will report Q1, 2026 results on May 12, 2026 Upcoming Dividend • Apr 09
Upcoming dividend of د.ك0.015 per share Eligible shareholders must have bought the stock before 16 April 2026. Payment date: 23 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.7%. Lower than top quartile of Kuwaiti dividend payers (5.8%). Higher than average of industry peers (2.7%). Ankündigung • Feb 24
Salhia Real Estate Company K.S.C.P. announces Annual dividend, payable on April 23, 2026 Salhia Real Estate Company K.S.C.P. announced Annual dividend of KWD 0.0150 per share payable on April 23, 2026, ex-date on April 16, 2026 and record date on April 20, 2026. Ankündigung • Feb 23
Salhia Real Estate Company K.S.C.P., Annual General Meeting, Apr 06, 2026 Salhia Real Estate Company K.S.C.P., Annual General Meeting, Apr 06, 2026, at 11:00 Arab Standard Time. Location: kuwait city Kuwait Reported Earnings • Feb 19
Full year 2025 earnings released: EPS: د.ك0.01 (vs د.ك0.021 in FY 2024) Full year 2025 results: EPS: د.ك0.01 (down from د.ك0.021 in FY 2024). Revenue: د.ك46.6m (up 4.3% from FY 2024). Net income: د.ك6.11m (down 52% from FY 2024). Profit margin: 13% (down from 28% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Ankündigung • Feb 09
Salhia Real Estate Company K.S.C.P. to Report Fiscal Year 2025 Results on Feb 15, 2026 Salhia Real Estate Company K.S.C.P. announced that they will report fiscal year 2025 results at 12:00 PM, BT-Baghdad on Feb 15, 2026 Ankündigung • Oct 31
Salhia Real Estate Company K.S.C.P. to Report Nine Months, 2025 Results on Nov 11, 2025 Salhia Real Estate Company K.S.C.P. announced that they will report nine months, 2025 results on Nov 11, 2025 Reported Earnings • Aug 12
Second quarter 2025 earnings released: EPS: د.ك0.002 (vs د.ك0.004 in 2Q 2024) Second quarter 2025 results: EPS: د.ك0.002 (down from د.ك0.004 in 2Q 2024). Revenue: د.ك11.7m (up 5.2% from 2Q 2024). Net income: د.ك1.14m (down 48% from 2Q 2024). Profit margin: 9.8% (down from 20% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Ankündigung • Aug 06
Salhia Real Estate Company K.S.C.P. to Report Q2, 2026 Results on Aug 11, 2025 Salhia Real Estate Company K.S.C.P. announced that they will report Q2, 2026 results on Aug 11, 2025 Buy Or Sell Opportunity • Jun 30
Now 20% undervalued Over the last 90 days, the stock has risen 2.0% to د.ك0.41. The fair value is estimated to be د.ك0.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Jun 10
Now 21% undervalued Over the last 90 days, the stock has risen 1.2% to د.ك0.40. The fair value is estimated to be د.ك0.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. New Risk • Jun 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 25% Last year net profit margin: 36% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (25% net profit margin). Ankündigung • May 08
Salhia Real Estate Company K.S.C.P. to Report Q1, 2025 Results on May 14, 2025 Salhia Real Estate Company K.S.C.P. announced that they will report Q1, 2025 results on May 14, 2025 Upcoming Dividend • Apr 30
Upcoming dividend of د.ك0.015 per share Eligible shareholders must have bought the stock before 07 May 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Kuwaiti dividend payers (6.6%). Higher than average of industry peers (2.6%). Ankündigung • Mar 20
Salhia Real Estate Company K.S.C.P., Annual General Meeting, Apr 17, 2025 Salhia Real Estate Company K.S.C.P., Annual General Meeting, Apr 17, 2025, at 11:00 Arab Standard Time. Location: kuwait city Kuwait Reported Earnings • Mar 05
Full year 2024 earnings released: EPS: د.ك0.022 (vs د.ك0.028 in FY 2023) Full year 2024 results: EPS: د.ك0.022 (down from د.ك0.028 in FY 2023). Revenue: د.ك44.7m (up 10% from FY 2023). Net income: د.ك12.6m (down 21% from FY 2023). Profit margin: 28% (down from 39% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Ankündigung • Feb 17
Salhia Real Estate Company K.S.C.P. to Report Fiscal Year 2024 Results on Mar 03, 2025 Salhia Real Estate Company K.S.C.P. announced that they will report fiscal year 2024 results on Mar 03, 2025 Reported Earnings • Nov 12
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: د.ك9.95m (down 3.2% from 3Q 2023). Net income: د.ك2.84m (down 44% from 3Q 2023). Profit margin: 28% (down from 49% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Ankündigung • Nov 05
Salhia Real Estate Company K.S.C.P. to Report Nine Months, 2024 Results on Nov 11, 2024 Salhia Real Estate Company K.S.C.P. announced that they will report nine months, 2024 results on Nov 11, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: د.ك0.004 (vs د.ك0.006 in 2Q 2023) Second quarter 2024 results: EPS: د.ك0.004 (down from د.ك0.006 in 2Q 2023). Revenue: د.ك11.1m (up 8.4% from 2Q 2023). Net income: د.ك2.19m (down 37% from 2Q 2023). Profit margin: 20% (down from 34% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • Aug 05
Salhia Real Estate Company K.S.C.P. to Report Q2, 2024 Results on Aug 08, 2024 Salhia Real Estate Company K.S.C.P. announced that they will report Q2, 2024 results at 12:40 PM, BT-Baghdad on Aug 08, 2024 Reported Earnings • May 15
First quarter 2024 earnings released: EPS: د.ك0.005 (vs د.ك0.007 in 1Q 2023) First quarter 2024 results: EPS: د.ك0.005 (down from د.ك0.007 in 1Q 2023). Revenue: د.ك11.2m (up 14% from 1Q 2023). Net income: د.ك2.87m (down 24% from 1Q 2023). Profit margin: 26% (down from 38% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • May 09
Salhia Real Estate Company K.S.C.P. to Report Q1, 2024 Results on May 13, 2024 Salhia Real Estate Company K.S.C.P. announced that they will report Q1, 2024 results on May 13, 2024 Upcoming Dividend • Apr 11
Upcoming dividend of د.ك0.015 per share Eligible shareholders must have bought the stock before 18 April 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Kuwaiti dividend payers (6.6%). Higher than average of industry peers (2.6%). Declared Dividend • Mar 20
Dividend of د.ك0.015 announced Shareholders will receive a dividend of د.ك0.015. Ex-date: 18th April 2024 Payment date: 25th April 2024 Dividend yield will be 3.1%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 43% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.6% EPS decline seen over the last 5 years. Ankündigung • Feb 19
Salhia Real Estate Company K.S.C.P., Annual General Meeting, Mar 18, 2024 Salhia Real Estate Company K.S.C.P., Annual General Meeting, Mar 18, 2024, at 08:00 Coordinated Universal Time. Location: Courtyard Marriot Hotel, Floor 3, Hall 4 Kuwait Agenda: To discuss and approve the board of directors annual report for the financial year ended December 31, 2023; to discuss and approve the independent auditors report for the financial year ended Dec 31, 2023; to consider reading of both the corporate Governance report and the audit committee report for the financial year ended Dec 31, 2023; to discuss and approve the audited consolidated financial statements for the financial year ended 31 Dec 2023; and to consider other issues. Reported Earnings • Feb 13
Full year 2023 earnings released: EPS: د.ك0.029 (vs د.ك0.027 in FY 2022) Full year 2023 results: EPS: د.ك0.029 (up from د.ك0.027 in FY 2022). Revenue: د.ك40.6m (up 13% from FY 2022). Net income: د.ك16.0m (up 10.0% from FY 2022). Profit margin: 39% (down from 41% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: د.ك0.009 (vs د.ك0.011 in 3Q 2022) Third quarter 2023 results: EPS: د.ك0.009 (down from د.ك0.011 in 3Q 2022). Revenue: د.ك10.3m (up 13% from 3Q 2022). Net income: د.ك5.07m (down 17% from 3Q 2022). Profit margin: 49% (down from 67% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: د.ك0.006 (vs د.ك0.006 in 2Q 2022) Second quarter 2023 results: EPS: د.ك0.006 (in line with 2Q 2022). Revenue: د.ك10.3m (up 12% from 2Q 2022). Net income: د.ك3.45m (up 5.1% from 2Q 2022). Profit margin: 34% (down from 36% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: د.ك0.001 (vs د.ك0.005 in 1Q 2022) First quarter 2023 results: EPS: د.ك0.001. Revenue: د.ك9.80m (up 23% from 1Q 2022). Net income: د.ك3.76m (up 32% from 1Q 2022). Profit margin: 38% (up from 36% in 1Q 2022). The increase in margin was driven by higher revenue. Upcoming Dividend • Apr 10
Upcoming dividend of د.ك0.015 per share at 2.8% yield Eligible shareholders must have bought the stock before 17 April 2023. Payment date: 26 April 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Kuwaiti dividend payers (7.1%). In line with average of industry peers (2.6%). Reported Earnings • Feb 16
Full year 2022 earnings released: EPS: د.ك0.028 (vs د.ك0.018 in FY 2021) Full year 2022 results: EPS: د.ك0.028 (up from د.ك0.018 in FY 2021). Revenue: د.ك35.9m (up 71% from FY 2021). Net income: د.ك14.6m (up 56% from FY 2021). Profit margin: 41% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Saud Abdulrahman Al-Babtain was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: د.ك0.012 (vs د.ك0.005 in 3Q 2021) Third quarter 2022 results: EPS: د.ك0.012 (up from د.ك0.005 in 3Q 2021). Revenue: د.ك9.07m (up 73% from 3Q 2021). Net income: د.ك6.12m (up 131% from 3Q 2021). Profit margin: 67% (up from 51% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: د.ك0.006 (vs د.ك0.003 in 2Q 2021) Second quarter 2022 results: EPS: د.ك0.006 (up from د.ك0.003 in 2Q 2021). Revenue: د.ك9.18m (up 119% from 2Q 2021). Net income: د.ك3.28m (up 150% from 2Q 2021). Profit margin: 36% (up from 31% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: د.ك0.006 (vs د.ك0.004 in 1Q 2021) First quarter 2022 results: EPS: د.ك0.006 (up from د.ك0.004 in 1Q 2021). Revenue: د.ك7.98m (up 87% from 1Q 2021). Net income: د.ك2.85m (up 51% from 1Q 2021). Profit margin: 36% (down from 44% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Saud Abdulrahman Al-Babtain was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 07
Upcoming dividend of د.ك0.015 per share Eligible shareholders must have bought the stock before 14 April 2022. Payment date: 21 April 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of Kuwaiti dividend payers (5.2%). Higher than average of industry peers (2.3%). Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: د.ك0.019 (down from د.ك0.043 in FY 2020). Revenue: د.ك21.1m (up 8.9% from FY 2020). Net income: د.ك9.35m (down 56% from FY 2020). Profit margin: 44% (down from 110% in FY 2020). The decrease in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS د.ك0.005 (vs د.ك0.002 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: د.ك5.24m (up 33% from 3Q 2020). Net income: د.ك2.65m (up 194% from 3Q 2020). Profit margin: 51% (up from 23% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS د.ك0.003 (vs د.ك0.037 in 2Q 2020) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2021 results: Revenue: د.ك4.19m (up 160% from 2Q 2020). Net income: د.ك1.32m (down 93% from 2Q 2020). Profit margin: 31% (down from 1,121% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 10
Upcoming Dividend of د.ك0.03 Per Share Will be paid on the 28th of March to those who are registered shareholders by the 17th of March. The trailing yield of 5.1% is below the top quartile of Kuwaiti dividend payers (6.6%), but it is higher than industry peers (2.6%). Is New 90 Day High Low • Feb 22
New 90-day high: د.ك0.58 The company is up 38% from its price of د.ك0.42 on 24 November 2020. The Kuwaiti market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 7.0% over the same period. Reported Earnings • Feb 10
Full year 2020 earnings released: EPS د.ك0.043 (vs د.ك0.044 in FY 2019) Full year 2020 results: Revenue: د.ك19.3m (down 57% from FY 2019). Net income: د.ك21.3m (flat on FY 2019). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 16% per year. Is New 90 Day High Low • Dec 29
New 90-day high: د.ك0.50 The company is up 25% from its price of د.ك0.40 on 29 September 2020. The Kuwaiti market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: د.ك0.48 The company is up 22% from its price of د.ك0.40 on 10 September 2020. The Kuwaiti market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 6.0% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS د.ك0.002 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: د.ك3.93m (down 62% from 3Q 2019). Net income: د.ك898.7k (down 72% from 3Q 2019). Profit margin: 23% (down from 32% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 30
An unknown buyer acquired 90% stake of Haddia Holding GmbH from Salhia Real Estate Company K.S.C.P. (KWSE:SRE) for KWD 28 million. An unknown buyer acquired 90% stake of Haddia Holding GmbH from Salhia Real Estate Company K.S.C.P. (KWSE:SRE) for KWD 28 million on July 1, 2020.
An unknown buyer completed the acquisition of 90% stake of Haddia Holding GmbH from Salhia Real Estate Company K.S.C.P. (KWSE:SRE) on July 1, 2020. 
