Dar Al-Thuraya Real Estate Co. K.S.C. (Public) (KWSE:THURAYA)

KWSE:THURAYA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	0.48	0.42	0.47	0.58	0.79	0.68
Gain (Loss) on Sale of Investments (Rev)	-0.06	-	-	0	0.08	0.32
Other Revenue	0.01	0.01	0.03	0.03	0.27	0.16
Total Revenue	0.45	0.45	0.52	0.61	1.14	1.16
Revenue Growth (YoY	-28.93%	-14.31%	-14.47%	-46.60%	-1.79%	266.17%
Property Expenses	0.01	0.01	0.01	0.01	0.11	0.39
Selling, General & Administrative	0.22	0.26	0.15	0.14	0.14	0.13
Other Operating Expenses	0	-	-	0.01	0.02	0.02
Total Operating Expenses	0.22	0.26	0.16	0.16	0.23	0.6
Operating Income	0.23	0.19	0.36	0.45	0.91	0.56
Interest Expense	-0.05	-0.05	-0.05	-0.04	-0.02	-
Other Non-Operating Income	-0	-	-	-	-0	-
EBT Excluding Unusual Items	0.18	0.14	0.31	0.41	0.88	0.56
Gain (Loss) on Sale of Investments	0.29	0.29	-0.05	-	-	-
Gain (Loss) on Sale of Assets	-0	-0	0.01	-	-	-
Asset Writedown	2	2	0.06	-	-	-
Pretax Income	2.46	2.42	0.33	0.41	0.88	0.56
Income Tax Expense	0.08	0.08	0.01	0	0	0
Earnings From Continuing Operations	2.38	2.34	0.32	0.4	0.88	0.56
Net Income to Company	2.38	2.34	0.32	0.4	0.88	0.56
Minority Interest in Earnings	-	-	-	-	-	-0
Net Income	2.38	2.34	0.32	0.4	0.88	0.56
Net Income to Common	2.38	2.34	0.32	0.4	0.88	0.56
Net Income Growth	497.11%	634.41%	-20.94%	-54.35%	58.23%	0.33%
Basic Shares Outstanding	147	147	147	147	147	147
Diluted Shares Outstanding	147	147	147	147	147	147
EPS (Basic)	0.02	0.02	0.00	0.00	0.01	0.00
EPS (Diluted)	0.02	0.02	0.00	0.00	0.01	0.00
EPS Growth	497.28%	634.47%	-20.92%	-54.36%	58.24%	0.32%
Operating Margin	50.48%	42.03%	68.77%	73.39%	79.78%	48.05%
Profit Margin	530.80%	522.57%	60.97%	65.96%	77.16%	47.90%
EBITDA	-	-	-	0.45	0.91	0.56
EBITDA Margin	-	-	-	73.49%	79.84%	48.07%
D&A For Ebitda	-	-	-	0	0	0
EBIT	0.23	0.19	0.36	0.45	0.91	0.56
EBIT Margin	50.48%	42.03%	68.77%	73.39%	79.78%	48.05%
Effective Tax Rate	3.34%	3.41%	3.40%	0.92%	0.10%	0.14%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.