Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Other Income (Expense) : KWD6.78 Mil (TTM As of Mar. 2024)

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What is Al-Arabiya Real Estate Co KSC Other Income (Expense)?

Al-Arabiya Real Estate Co KSC's other income expense for the Al-Arabiya Real Estate Co KSC's pretax income for the three months ended in Mar. 2024 was KWD1.07 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD6.78 Mil.

Al-Arabiya Real Estate Co KSC Other Income (Expense) Historical Data

The historical data trend for Al-Arabiya Real Estate Co KSC's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Al-Arabiya Real Estate Co KSC Other Income (Expense) Chart

Al-Arabiya Real Estate Co KSC Annual Data

Trend

Dec10

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Dec23

Other Income (Expense)

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4.79

0.50

-8.28

3.87

5.81

Al-Arabiya Real Estate Co KSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															0.09	0.24	1.07	4.40	1.07

Al-Arabiya Real Estate Co KSC Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD6.78 Mil.

Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al-Jaber Street, 7th Floor, Emad Commercial Center, PO Box 26980, Sharq, Safat, Kuwait City, KWT, 13130

Website

http://www.arec-kwt.com

Al-Arabiya Real Estate Co KSC is a Kuwait based company involved in the construction, contracting, developing and managing the activities of residential buildings, hotels, and commercial centres within the private and public sector. It operates in three segments. Real estate segment involves activities related to real estate investment properties. Hotels segment, which is the key revenue generator, involves establishment, acquiring and managing hotels. Investment segment involves investing in shares and share capital of the companies. Geographically, it generates revenue from Kuwait being the highest revenue driver, United Arab Emirates, and Egypt.

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