Aldar Properties PJSC (ADX:ALDAR)
د.إ 5.74 0 (0%) Market Cap: 45.13 Bil Enterprise Value: 54.95 Bil PE Ratio: 10.34 PB Ratio: 1.39 GF Score: 74/100
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Q3 2019 Aldar Properties PJSC Earnings Call Transcript

Nov 12, 2019 / 12:00PM GMT
Release Date Price: د.إ2.27 (-1.30%)
Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to today's Aldar Q3 Results Investor Conference Call. I must advise you that this conference is being recorded today, Tuesday, November 12, 2019, 3 p.m.

I would like now to hand the call over to our speaker for today, CFO, Greg Fewer. Thank you. Please go ahead.

Greg Fewer
Aldar Properties PJSC - CFO

Thank you. And before we start, apologies to everybody for some of the technical problems we had commencing this. Of course, this call is transcribed and will be available to anyone who wants to have the full audio and transcription post the call.

Good afternoon, and welcome to Aldar's Q3 2019 Results Call. As mentioned, I'm Greg Fewer, the Chief Financial Officer of Aldar.

Before we open the floor for Q&A, I'll just give you some brief remarks about our performance during the quarter and year-to-date, at which point we'll break for questions.

So kicking off with our financial performance. In the third quarter of 2019, we reported a 7% increase in

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