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

Q2 2023 Aldar Properties Pjsc Earnings Call Transcript

Aug 01, 2023 / 11:00AM GMT
Release Date Price: د.إ5.23 (+1.16%)
Operator

Greetings, and welcome to the Aldar Properties H1 2023 Financial Results Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Faisal Falaknaz, Group -- I'm sorry, Chief Financial And Sustainability Officer. Thank you. Please go ahead.

Faisal Falaknaz
Aldar Properties PJSC - Group Chief Financial & Sustainability Officer

Good afternoon. Thank you all for joining the call today for Aldar's financial results for the first half of 2023. I will start with a short summary of our financial and operational performance, accompanied by a few slides, which you can see via the webcast. If you are joining through the conference call, you can access the full presentation on the IR section of our website.

I would like to begin with the key highlights for the first 6 months of the year on Slide #3. Aldar delivered exceptional results driven by another quarter of record development sales, continued execution on our growing development revenue backlog, and higher

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