Market: ADX | Symbol: ESHRAQ | ISIN: AEA006501018 | Industry: Real Estate and Investments |
Eshraq Investments, an entity entering a new phase of expansion and development, supported by its ongoing portfolio diversification strategy. Founded in 2006 and listed on the Abu Dhabi Securities Exchange (ADX) in 2011, Eshraq is committed to continuing to grow its investment portfolio from primarily real estate towards a diversified multi-asset class investment fund, with allocation across multiple sectors to offer highly competitive long-term returns and improved resilience to market volatility. The Group’s diversification strategy has been a key catalyst, already delivering material rewards following the acquisition of the Goldilocks Fund in 2022, alongside existing profitable real estate investments.
Real Estate Development
Eshraq focuses on the development of residential, commercial, and mixed-use properties in prime locations. These developments are known for matching sustainability with innovative design, whilst enhancing and contributing to local communities.
Real Estate Investment
Eshraq manages a diverse real estate investment portfolio of income-generating properties. Our experienced team leverage their track record and knowledge to identify opportunities that offer attractive risk-adjusted returns.
Financial Investments
Eshraq is actively engaged in the financial markets, with a focus on long-term investments across equities, bonds and alternative assets, with the objective of managing risk and optimizing returns.
Asset Management
Eshraq offers comprehensive asset management services to individuals and institutional investors, providing tailored investment solutions and advisory services.
Share data | 27/11/2024 |
Currency | SAR |
Previous Close | 0.31 |
Change (%) | 0.64 |
Volume | 18,179,145 |
Number of Shares (mln) | 2,685.29 |
Market Cap (mln) | 840.49 |
Key Figures (AED'000) | 2021 | 2022 | 2023 |
Consolidated Income Statement | |||
Revenue from commercial operations | 26,216 | 41,015 | 31,612 |
Gross profit from commercial operations | 13,391 | 25,154 | 20,449 |
Net finance (costs)/income | 7,862 | (907) | (9,593) |
Net gain from investments | 46,089 | 546,436 | (543,335) |
Total operating income | 67,342 | 570,683 | (532,479) |
Profit for the year | 38,429 | 589,790 | (545,101) |
Consolidated Balance Sheet | |||
Total assets | 1,688,819 | 3,019,773 | 2,276,674 |
Total equity | 1,363,255 | 2,703,665 | 2,112,781 |
Total liabilities | 325,564 | 316,108 | 163,893 |
Consolidated Cash Flow | |||
Net cash generated from/(used in) operating activities | (7,638) | 33,912 | (28,359) |
Net cash (used in)/generated from investing activities | 24,132 | (30,457) | 258,549 |
Net cash (used in)/ generated from financing activities | 39,420 | (49,688) | (190,148) |
Cash and cash equivalents end of the year | 61,733 | 15,500 | 55,542 |
Key Indicators | |||
Basic and diluted earnings per share (AED) | 0.0272 | 0.3011 | (0.2008) |
Profit margin (%) | 146.59 | 1,437.99 | (1724.35) |