The shares of Dar Al -Thuraya Real Estate, which is circulating on the Kuwait Stock Exchange, increased by 5.31% at the end of trading today, to close at the price of 119 fils per share, after he touched his highest price 10 months and a half months ago, as he had not achieved it since June 12 of last year 2024.
The trading on Al -Thuraya Real Estate shares at that time came with a trading of 3.45 million shares with a value of trading 411.73 thousand riyals.
The highest price for the share at that time was at 138 fils, while the lowest price for the share was at 110 money, and it touched the highest price in 10 and a half months (month and 18 days).
In Mali, the company achieved a remarkable growth in its annual profits during the fiscal year 2024, with a rate of 634.4%, to 2.34 million dinars compared to its net profits in the fiscal year 2023, which amounted to 318.39 thousand dinars, and this supported the improvement of the value of investment assets, the growth of revenue from profit distributions, and the decline in financing costs.
It also witnessed an increase in its quarterly profits during the fourth quarter of the fiscal year 2024, by 1598% to 2.01 million dinars, compared to the comparative period and achieved 118.13 thousand dinars.
Dar Al -Thuraya Real Estate is a public joint stock company working in the field of investment and real estate development, selling and buying lands and leasing, in addition to providing real estate mediation and real estate evaluation services, founded in May of 2004, the company’s shares were listed on the Kuwait Stock Exchange in August 2009, and this strengthened its position in the Kuwaiti real estate market and contributed to the expansion of its investment activities.
The company is affiliated with Al -Madar Holding Company, and it runs a group of various real estate projects, including ownership and management of markets and complexes, organizing real estate exhibitions, preparing economic feasibility studies, also provides contracting and undertaking contracting services, maintenance of buildings, and the implementation of civil, mechanical and electrical works, which makes it a major player in the real estate sector in Kuwait.
