United Real Estate Company SAKP operates within the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Real Estate Company SAKP with three other
companies in this sector in Kuwait:
Kuwait Real Estate Company KPSC
sales of 16.75 million Kuwaiti Dinars [US$55.47 million]
of which 120%
was Real Estate Investment),
National Real Estate Co KSCP
(33.94 million Kuwaiti Dinars [US$112.38 million]
of which 125%
was Real Estate & Others), and
Mabanee Company KPSC
(85.29 million Kuwaiti Dinars [US$282.41 million]
of which 92%
was Construction and Real Estate Development).
During the year ended December of 2016, sales at
United Real Estate Company SAKP were 70.74 million Kuwaiti Dinars (US$234.23 million).
increase of 16.4%
versus 2015, when the company's sales were 60.75 million Kuwaiti Dinars .
This was the fifth consecutive year of sales increases at United Real Estate Company SAKP
(and since 2011, sales have increased a total of 110%).
Sales of Contracts and Services saw an increase
that was more than double the company's growth rate: sales were up
118.3% in 2016, from
12.26 million Kuwaiti Dinars to 26.76 million Kuwaiti Dinars .
Not all segments of United Real Estate Company SAKP experienced an increase in sales in 2016:
sales of Property Trading fell 82.8% to 194,542.00 Kuwaiti Dinars .
(However, this segment's sales were only a very small portion of the company's overall sales).
United Real Estate Company SAKP also experienced decreases in sales in
Rental Operations (down 7.9% to 23.54 million Kuwaiti Dinars )
Hotels (down 6.2% to 20.24 million Kuwaiti Dinars )