Seef Properties B.S.C. Income Statement

Financials in millions BHD. Fiscal year is January - December.

Millions BHD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	9.82	10.59	11.97	11.29	11.06
Other Revenue	3.84	4.26	3.66	2.7	0.62
Total Revenue	13.65	14.85	15.63	13.99	11.68
Revenue Growth (YoY	-8.09%	-4.99%	11.78%	19.70%	-6.18%
Property Expenses	3.56	4.03	3.84	3.7	2.34
Selling, General & Administrative	4.22	4.41	3.96	3.68	2.78
Depreciation & Amortization	0.59	0.66	0.58	0.39	0.53
Other Operating Expenses	-0.27	-0.15	0.22	-0.14	-0.08
Total Operating Expenses	8.3	9.15	8.88	6.94	6.19
Operating Income	5.35	5.7	6.75	7.04	5.49
Interest Expense	-0.6	-0.82	-0.95	-0.91	-0.8
Interest & Investment Income	0.94	1.23	1.17	0.53	0.06
EBT Excluding Unusual Items	5.69	6.12	6.97	6.66	4.75
Gain (Loss) on Sale of Investments	-	-	-	0.16	-
Gain (Loss) on Sale of Assets	0.18	-	-	-	-
Asset Writedown	-0.15	-0.67	-0.67	-0.67	0.09
Pretax Income	5.72	5.45	6.3	6.15	4.84
Earnings From Continuing Operations	5.72	5.45	6.3	6.15	4.84
Minority Interest in Earnings	0.22	0.15	0.14	0.05	0.18
Net Income	5.94	5.61	6.44	6.2	5.02
Net Income to Common	5.94	5.61	6.44	6.2	5.02
Net Income Growth	5.96%	-12.94%	3.95%	23.46%	10.91%
Basic Shares Outstanding	453	459	460	460	460
Diluted Shares Outstanding	453	459	460	460	460
Shares Change (YoY)	-1.13%	-0.32%	-	-	-
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	7.16%	-12.66%	3.96%	23.46%	10.91%
Dividend Per Share	-	0.009	0.009	0.008	0.006
Dividend Growth	-	-	12.50%	33.33%	20.00%
Operating Margin	39.22%	38.39%	43.17%	50.35%	46.99%
Profit Margin	43.52%	37.75%	41.20%	44.30%	42.95%
EBITDA	6.16	6.75	7.73	7.83	6.1
EBITDA Margin	45.13%	45.42%	49.48%	56.02%	52.23%
D&A For Ebitda	0.81	1.04	0.99	0.79	0.61
EBIT	5.35	5.7	6.75	7.04	5.49
EBIT Margin	39.22%	38.39%	43.17%	50.35%	46.99%
Revenue as Reported	-	-	-	-	11.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.