Seef Properties BSC operates in the Real estate agents and managers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Seef Properties BSC with three other
Real estate operators in Middle East:
Knowledge Economic City Company SJSC
of SAUDI ARABIA
(2019
sales of 161.64 million Saudi Arabian Riyals [US$43.10 million]
of which 94%
was Property Development),
Al-Enmaa Real Estate Company KSCP
of KUWAIT
(15.35 million Kuwaiti Dinars [US$50.18 million]
), and
RAK Properties
which is
based in UNITED ARAB EMIRATES
(192.42 million UAE Dirham [US$52.39 million]
of which 73%
was Property Sales).
Sales Analysis.
Seef Properties BSC reported sales of 17.03 million Bahrainian Dinars (US$45.18 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 2.1%
versus 2018, when the company's sales were 17.39 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 4.0% decline
in Leisure and Entertainment, from 1.80 million Bahrainian Dinars to 1.73 million Bahrainian Dinars.
There were also decreases in sales in
Malls and Properties (down 2.3% to 13.26 million Bahrainian Dinars)
.
However, these declines were partially offset by the increase in sales of
Serviced Apartments (up 1.3% to 2.04 million Bahrainian Dinars)
.