Aldar Properties (ALDAR) 2007 Q3 financial report

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2007 Q3 result list | ALDAR 2007 Q3 results - forum topic | Aldar Properties - details & pdf financial statements

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AED USD EUR GBP AUD BHD EGP JOD KWD OMR QAR SAR   Precision: 1 2 3
ALDAR (listed on ADSM)   Auditor:   
ALDAR accounts in UAE dirhams    
Date of results and share price AED 8.77 on 24 Oct 2007    
Current share price AED 3.89 on 15 Apr 2009    
Chairman Ahmed Ali Al Sayegh
CEO Ronald Barrott
Balance Sheet (AED) 31 Dec 2006 30 Sep 2007   %Δ   ? notes
Total Assets 5,108,686,000 19,084,032,000 274% Updated
Total Liabilities (1,837,708,000) (14,525,193,000) 690%
Shareholders Equity 3,270,978,000 4,558,839,000 39% Updated
Income Statement (AED) 2006 Q3  2007 Q3       
Revenue (Sales) 7,276,000 129,343,000 1,678% See comments
Cost of Revenues (COGS) (2,725,000) (86,649,000) 3,080%
Gross Profit 4,551,000 42,694,000 838% Updated
Other Income 325,113,000 695,427,000 114%    
Other Expenses (39,452,000) (232,667,000) 490%    
Net Profit 290,212,000 505,454,000 74%  
Minority Interests 0 0      
Net Profit due to shareholders 290,212,000 505,454,000 74% Updated
Earnings Per Share stated (annualized) 0.17 (0.68) 0.29 (1.16) 71%  
Ratio Calculations As on 24 Oct 2007      
Number of shares outstanding   1,725,000,000    
EPS calculated (annualized) 0.17 (0.67) 0.29 (1.17) 74%  
Price to Earnings ratio (PE)* 13.0 7.5   Calculated EPS used
Price to Book Value (PBV) 4.6 3.3 -28%  
Return on Assets (ROA)* 22.7% 10.6% -53%
Return on Equity (ROE)* 35.5% 44.3% 25%
Return on Sales (ROS) or Profit Margin 3,988.6% 390.8% -90%
*Based on annualized profits          
Comments about Aldar Properties Q3 2007 results

Aldar preliminary results 24 October 2007

Results taken from press release, limited information. Balance sheet figures not supplied so 2007 Q2 figures used to at least give an indication. M9 figures not supplied so no M9 summary report.

Updated results

Full results released for Q3 and M9 but date unknown. Property revaluation accounted for Dh561m of income for 2007 Q3. Previous figures for 2007 Q3 from press release, and resulting calculations, were

  • Total Assets AED 16,498,480,000 (30 June 2007 figure)
  • Total Equity AED 4,257,390,000 (30 June 2007 figure)
  • EPS calculated (annualized) 0.29 (1.17)
  • Price to Earnings ratio 9.4 (based on share price of 11.00 dhs)
  • Price to Book Value 4.5 (based on share price of 11.00 dhs)
  • Return on Assets 12.3%
  • Return on Equity 47.5%
  • Profit Margin 112.1% (was an error - Sales of AED 451 million was entered as Revenue, should have been AED 129 m - correct now).

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This page last updated 20-Jan-2009. Company information last updated 09 Nov 2008. E & OE.