Arabian Centres Company Income Statement

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

Millions SAR. 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	Mar '21 Mar 31, 2021
Rental Revenue	2,288	2,344	2,254	2,207	1,856
Other Revenue	-	-7.09	-10.87	-18.2	1.65
Total Revenue	2,288	2,337	2,243	2,188	1,858
Revenue Growth (YoY	-2.08%	4.20%	2.48%	17.79%	-16.05%
Property Expenses	353.68	359.24	386.2	360.01	316.85
Selling, General & Administrative	390.41	278.19	411.29	308.89	210.15
Depreciation & Amortization	-	-	-	-	517.98
Other Operating Expenses	-285.42	-12.09	-25.65	27.47	-14.41
Total Operating Expenses	774.32	947.19	961.51	762.8	1,169
Operating Income	1,514	1,390	1,281	1,426	689.07
Interest Expense	-139.01	-197.93	-129.91	-200.17	-188.47
Interest & Investment Income	-	-	-	-	2.86
Income (Loss) on Equity Investments	-4.65	-	-	-	-
Currency Exchange Gain (Loss)	-	0.31	1.36	-	0.26
Other Non-Operating Income	-548.33	-492.19	-227.22	-130.23	-156.66
EBT Excluding Unusual Items	821.99	699.96	925.52	1,095	347.06
Gain (Loss) on Sale of Investments	-	2.92	7.35	0.56	42.77
Gain (Loss) on Sale of Assets	-	-	238.67	-23.27	-
Asset Writedown	501.17	565.28	369.93	-13.37	-0.29
Other Unusual Items	-	-	-	18.13	83.54
Pretax Income	1,323	1,268	1,541	1,077	473.08
Income Tax Expense	47	44	40.47	68.51	-13.64
Earnings From Continuing Operations	1,276	1,224	1,501	1,009	486.72
Minority Interest in Earnings	-9.27	-7.26	14	-1.76	-0.06
Net Income	1,267	1,217	1,515	1,007	486.66
Net Income to Common	1,267	1,217	1,515	1,007	486.66
Net Income Growth	4.11%	-19.68%	50.43%	106.94%	-23.23%
Basic Shares Outstanding	474	475	475	475	475
Diluted Shares Outstanding	474	475	475	475	475
Shares Change (YoY)	-0.10%	-0.00%	-0.01%	-	0.91%
EPS (Basic)	2.67	2.56	3.19	2.12	1.02
EPS (Diluted)	2.67	2.56	3.19	2.12	1.02
EPS Growth	4.21%	-19.68%	50.45%	106.94%	-23.92%
Dividend Per Share	-	1.500	1.620	2.333	1.250
Dividend Growth	-	-7.41%	-30.57%	86.67%	-10.71%
Operating Margin	66.16%	59.47%	57.13%	65.14%	37.09%
Profit Margin	55.36%	52.07%	67.55%	46.02%	26.19%
EBITDA	1,543	1,406	1,298	1,446	1,028
EBITDA Margin	67.44%	60.16%	57.88%	66.06%	55.30%
D&A For Ebitda	29.34	16.14	16.78	20.02	338.47
EBIT	1,514	1,390	1,281	1,426	689.07
EBIT Margin	66.16%	59.47%	57.13%	65.14%	37.09%
Effective Tax Rate	3.55%	3.47%	2.63%	6.36%	-

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