SALHIA REAL ESTATE COMPANY

Salhia Real Estate Co. K.S.C.

SREStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	8.30M	7.84M	6.19M	5.39M	4.00M
Cash & Short-Term Investments	8.30M	7.84M	6.19M	5.39M	4.00M
Receivables	2.28M	4.45M	2.78M	2.59M	5.64M
Inventory	184.05K	138.42K	202.21K	201.41K	308.98K
Current Assets	14.06M	17.06M	31.33M	13.71M	14.02M
PP&E	100.56M	96.31M	49.13M	36.55M	32.27M
Total Assets	539.44M	517.78M	458.12M	418.84M	391.94M
Liabilities
Accounts Payable	2.71M	2.82M	3.44M	3.02M	6.00M
Current Liabilities	70.97M	55.05M	73.82M	62.56M	44.36M
Long-Term Debt	267.32M	262.70M	187.94M	178.15M	173.86M
Short-Term Debt	4.97M	9.46M	14.30M	5.72M	1.10M
Total Debt	320.24M	298.15M	238.01M	213.84M	195.33M
Total Liabilities	357.56M	335.10M	278.24M	250.78M	230.27M
Equity & Ownership
Retained Earnings	98.37M	103.83M	102.24M	96.73M	92.09M
Total Equity	181.88M	182.68M	179.88M	168.07M	161.68M
Net Debt	311.94M	290.31M	231.82M	208.45M	191.32M
Shares Outstanding	601,103,220	602,322,175	600,580,614	597,871,420	599,768,722
Cash & Assets
Total Assets	539.44M	517.78M	458.12M	418.84M	391.94M
Total Current Assets	14.06M	17.06M	31.33M	13.71M	14.02M
Cash & Equivalents	8.30M	7.84M	6.19M	5.39M	4.00M
Cash & Short-Term Investments	8.30M	7.84M	6.19M	5.39M	4.00M
Net Cash (Debt)	-311.94M	-290.31M	-231.82M	-208.45M	-191.32M
Net Cash Per Share	-0.52	-0.48	-0.38	-0.35	-0.32
Cash Growth	+5.9%	+26.5%	+14.9%	+34.7%	-39.6%
Accounts Receivable	1.41M	2.28M	1.99M	1.45M	1.56M
Other Receivables	0.88M	2.17M	0.79M	1.14M	4.08M
Receivables	2.28M	4.45M	2.78M	2.59M	5.64M
Inventory	184.05K	138.42K	202.21K	201.41K	308.98K
Construction In Progress	28.55M	22.13M	16.77M	6.06M	0.95M
Land	10.51M	10.51M	7.95M	6.26M	6.26M
Buildings	90.09M	89.94M	52.67M	51.70M	51.70M
Machinery	32.08M	45.05M	40.54M	40.21M	39.71M
Property, Plant & Equipment	100.56M	96.31M	49.13M	36.55M	32.27M
Other Current Assets	3.29M	4.64M	22.15M	5.53M	4.07M
Other Long-Term Assets	417.99M	397.67M	361.00M	349.16M	329.24M
Long-Term Leases	—	—	—	—	634.70K
Current Portion of Leases	—	—	—	205.13K	646.14K
Loans & Investments
Long-Term Investments	6.83M	6.74M	16.67M	19.42M	16.41M
Liabilities & Obligations
Total Liabilities	357.56M	335.10M	278.24M	250.78M	230.27M
Total Liabilities & Equity	539.44M	517.78M	458.12M	418.84M	391.94M
Total Current Liabilities	70.97M	55.05M	73.82M	62.56M	44.36M
Accounts Payable	2.71M	2.82M	3.44M	3.02M	6.00M
Accrued Expenses	9.10M	7.59M	3.18M	2.93M	2.94M
Current Income Taxes Payable	63.99K	133.43K	168.91K	153.73K	—
Long-Term Unearned Revenue	3.44M	1.01M	1.65M	1.62M	1.69M
Other Current Liabilities	6.18M	9.06M	16.97M	20.75M	14.59M
Other Long-Term Liabilities	15.83M	16.35M	14.84M	8.45M	9.73M
Debt & Funding
Long-Term Debt	267.32M	262.70M	187.94M	178.15M	173.86M
Short-Term Debt	4.97M	9.46M	14.30M	5.72M	1.10M
Total Debt	320.24M	298.15M	238.01M	213.84M	195.33M
Current Portion of Long-Term Debt	47.94M	25.99M	35.77M	29.77M	19.09M
Equity & Book Value
Shareholders' Equity	181.88M	182.68M	179.88M	168.07M	161.68M
Total Common Equity	181.58M	182.62M	179.71M	168.01M	161.61M
Common Stock	62.32M	59.35M	56.53M	53.84M	51.27M
Additional Paid-In Capital	35.06M	35.06M	35.06M	35.06M	35.06M
Retained Earnings	98.37M	103.83M	102.24M	96.73M	92.09M
Treasury Stock	-8.07M	-7.57M	-8.09M	-8.52M	-7.47M
Comprehensive Income & Other	-6.10M	-8.06M	-6.03M	-9.09M	-9.34M
Minority Interest	295.56K	60.20K	167.77K	53.41K	62.48K
Book Value Per Share	0.30	0.30	0.30	0.28	0.27
Tangible Book Value	181.58M	182.62M	179.71M	168.01M	161.61M
Tangible Book Value Per Share	0.30	0.30	0.30	0.28	0.27
Filing Date Shares Outstanding	601.10M	602.32M	600.58M	597.87M	599.77M
Total Common Shares Outstanding	601.10M	602.32M	600.58M	597.87M	599.77M
Working Capital	-56.91M	-37.99M	-42.50M	-48.84M	-30.34M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	8.30M	7.84M	6.19M	5.39M	4.00M
Cash & Short-Term Investments	8.30M	7.84M	6.19M	5.39M	4.00M
Receivables	2.28M	4.45M	2.78M	2.59M	5.64M
Inventory	184.05K	138.42K	202.21K	201.41K	308.98K
Current Assets	14.06M	17.06M	31.33M	13.71M	14.02M
PP&E	100.56M	96.31M	49.13M	36.55M	32.27M
Total Assets	539.44M	517.78M	458.12M	418.84M	391.94M
Liabilities
Accounts Payable	2.71M	2.82M	3.44M	3.02M	6.00M
Current Liabilities	70.97M	55.05M	73.82M	62.56M	44.36M
Long-Term Debt	267.32M	262.70M	187.94M	178.15M	173.86M
Short-Term Debt	4.97M	9.46M	14.30M	5.72M	1.10M
Total Debt	320.24M	298.15M	238.01M	213.84M	195.33M
Total Liabilities	357.56M	335.10M	278.24M	250.78M	230.27M
Equity & Ownership
Retained Earnings	98.37M	103.83M	102.24M	96.73M	92.09M
Total Equity	181.88M	182.68M	179.88M	168.07M	161.68M
Net Debt	311.94M	290.31M	231.82M	208.45M	191.32M
Shares Outstanding	601,103,220	602,322,175	600,580,614	597,871,420	599,768,722
Cash & Assets
Total Assets	539.44M	517.78M	458.12M	418.84M	391.94M
Total Current Assets	14.06M	17.06M	31.33M	13.71M	14.02M
Cash & Equivalents	8.30M	7.84M	6.19M	5.39M	4.00M
Cash & Short-Term Investments	8.30M	7.84M	6.19M	5.39M	4.00M
Net Cash (Debt)	-311.94M	-290.31M	-231.82M	-208.45M	-191.32M
Net Cash Per Share	-0.52	-0.48	-0.38	-0.35	-0.32
Cash Growth	+5.9%	+26.5%	+14.9%	+34.7%	-39.6%
Accounts Receivable	1.41M	2.28M	1.99M	1.45M	1.56M
Other Receivables	0.88M	2.17M	0.79M	1.14M	4.08M
Receivables	2.28M	4.45M	2.78M	2.59M	5.64M
Inventory	184.05K	138.42K	202.21K	201.41K	308.98K
Construction In Progress	28.55M	22.13M	16.77M	6.06M	0.95M
Land	10.51M	10.51M	7.95M	6.26M	6.26M
Buildings	90.09M	89.94M	52.67M	51.70M	51.70M
Machinery	32.08M	45.05M	40.54M	40.21M	39.71M
Property, Plant & Equipment	100.56M	96.31M	49.13M	36.55M	32.27M
Other Current Assets	3.29M	4.64M	22.15M	5.53M	4.07M
Other Long-Term Assets	417.99M	397.67M	361.00M	349.16M	329.24M
Long-Term Leases	—	—	—	—	634.70K
Current Portion of Leases	—	—	—	205.13K	646.14K
Loans & Investments
Long-Term Investments	6.83M	6.74M	16.67M	19.42M	16.41M
Liabilities & Obligations
Total Liabilities	357.56M	335.10M	278.24M	250.78M	230.27M
Total Liabilities & Equity	539.44M	517.78M	458.12M	418.84M	391.94M
Total Current Liabilities	70.97M	55.05M	73.82M	62.56M	44.36M
Accounts Payable	2.71M	2.82M	3.44M	3.02M	6.00M
Accrued Expenses	9.10M	7.59M	3.18M	2.93M	2.94M
Current Income Taxes Payable	63.99K	133.43K	168.91K	153.73K	—
Long-Term Unearned Revenue	3.44M	1.01M	1.65M	1.62M	1.69M
Other Current Liabilities	6.18M	9.06M	16.97M	20.75M	14.59M
Other Long-Term Liabilities	15.83M	16.35M	14.84M	8.45M	9.73M
Debt & Funding
Long-Term Debt	267.32M	262.70M	187.94M	178.15M	173.86M
Short-Term Debt	4.97M	9.46M	14.30M	5.72M	1.10M
Total Debt	320.24M	298.15M	238.01M	213.84M	195.33M
Current Portion of Long-Term Debt	47.94M	25.99M	35.77M	29.77M	19.09M
Equity & Book Value
Shareholders' Equity	181.88M	182.68M	179.88M	168.07M	161.68M
Total Common Equity	181.58M	182.62M	179.71M	168.01M	161.61M
Common Stock	62.32M	59.35M	56.53M	53.84M	51.27M
Additional Paid-In Capital	35.06M	35.06M	35.06M	35.06M	35.06M
Retained Earnings	98.37M	103.83M	102.24M	96.73M	92.09M
Treasury Stock	-8.07M	-7.57M	-8.09M	-8.52M	-7.47M
Comprehensive Income & Other	-6.10M	-8.06M	-6.03M	-9.09M	-9.34M
Minority Interest	295.56K	60.20K	167.77K	53.41K	62.48K
Book Value Per Share	0.30	0.30	0.30	0.28	0.27
Tangible Book Value	181.58M	182.62M	179.71M	168.01M	161.61M
Tangible Book Value Per Share	0.30	0.30	0.30	0.28	0.27
Filing Date Shares Outstanding	601.10M	602.32M	600.58M	597.87M	599.77M
Total Common Shares Outstanding	601.10M	602.32M	600.58M	597.87M	599.77M
Working Capital	-56.91M	-37.99M	-42.50M	-48.84M	-30.34M