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Kuwait Real Estate Co KSC

KRE • Kuwait Boursa

0.350 KWD-1.69%

Sector

Real Estate

Last Updated

10/19/2026

About KRE

Kuwait Real Estate Company K.P.S.C., a real estate company, owns, develops, and manages buildings in Kuwait and internationally. It operates in three segments: Real Estate, Investment, and Services. The company is involved in sale, purchase, renting out, and leasing of lands and real estate properties; preparation and implementation of studies of the private and public real estate projects directly or through mediation; trade in materials related to real estate and other works; investment in companies' shares or projects; contracting works; managing others' properties; and erect private and public buildings and projects, including malls, entertainment centers, and touristic utilities. It also engages in the acquisition, sale, and purchase of shares and bonds; provision of maintenance works related to the buildings and properties, such as civil, mechanical, and electrical works, as well as elevators and air conditioning works; organization of real estate exhibitions; and holding of real estate auctions. In addition, the company offers property management services comprising financing, valuations, market appraisals, sales, and acquisitions; search, advisory, sales, and financial services, property and facilities management, project management, and consultancy services; consultancy and transactional services, such as leasing, sales, site search and feasibility, space analysis and optimization, price negotiation, renewal, and legal services, etc.; and hospitality services, including sourcing, conception, and implementation. Further, it provides real estate services in the residential, retail, commercial, and hospitality services sectors. Kuwait Real Estate Company K.P.S.C. was incorporated in 1972 and is based in Kuwait City, Kuwait.

Headquarters

Kuwait City, Kuwait

Industry

Real Estate

Exchange

Boursa Kuwait

Key Metrics

Stock & Valuation

Stock Price:0.350 KD
EPS:0.013 KD
P/E Ratio:27.9
Price to Book:0.00
Dividend Yield:1.71%

Profitability

Net Profit:23.3M KD
Revenue:39.4M KD
Gross Margin:61.7%
Operating Margin:61.4%
Net Margin:59.2%

Returns

ROE:9.3%
ROA:4.2%
Total Assets:551.6M
Total Equity:252.3M
Operating Cash Flow:39.7M KD

Financial Health

Current Ratio:N/A
Debt to Equity:1.19
Cash:31.5M KD
Total Liabilities:299.3M KD
Net Cash Position:-267.8M KD

KRE annual financials

Kuwait Real Estate Co KSC — revenue, net profit, assets, equity and earnings per share, 2020–2025. Source: audited annual reports filed to Boursa Kuwait.

Kuwait Real Estate Co KSC (KRE) annual financial results in Kuwaiti dinars
YearRevenueNet profitTotal assetsEquityEPS
2025KD 39.4mKD 23.3mKD 551.6mKD 252.3m12.5 fils
2024KD 34.9mKD 15.5mKD 460.9mKD 195.4m13.8 fils
2023KD 28.7mKD 12.3mKD 393.4mKD 157.7m12.3 fils
2022KD 27.6mKD 7.5mKD 360.5mKD 132.0m7.9 fils
2021KD 21.4mKD 7.1mKD 341.2mKD 132.6m6.9 fils
2020KD 18.5mKD 3.9mKD 318.6mKD 121.3m4.1 fils

Latest earnings call — Q2 2026

Kuwait Real Estate Co KSC analyst conference, 24 August 2026

AQARAT’s investment thesis is firmly transitioning from a pure-play recurring yield asset manager into a hybrid development-driven engine, delivering massive top-line acceleration. H1 2026 revenue surged 84% YoY to KD 36.4M and net profit jumped 44% to KD 7.3M, driven primarily by progressive percentage-of-completion revenue recognition at the AED 3B+ Al Tay Hills master community in Sharjah (99% pre-sold). However, profitability margins contracted sharply due to this changing revenue mix, supply chain issues caused minor delivery delays on rental assets, and core hospitality/leasing segments faced headwinds and forced rental discounting from regional geopolitical friction.

Full brief: numbers that matter, guidance, analyst pushback, risks · ~450 words

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Dividend History

Latest DPS

0.006 KD

Year 2025

Dividend Yield

1.71%

Annual

Avg DPS

0.005 KD

8 years

Growth

-25.0%

8 years

Recent Payments

2025 Dividend(interim)

0.006 KD

Paid 9/25/2025

2024 Dividend(bonus)

—

Paid 6/29/2025

2023 Dividend(annual)

0.004 KD

Paid 7/11/2024