The year
of the family

Champions of the modern Saudi lifestyle

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A life
worth living

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Connecting
people, ambition
and opportunity

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Ahead
of the game

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Chairman’s Statement

A location for people to succeed

This annual report outlines how the central tenets of Vision 2030 have guided KAEC’s operating strategy over the past year – a plan geared towards quality of life, global standards of education and healthcare, and an enabling infrastructure.

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CEO’s Review

A new strategy
for a new era

KAEC’s business-critical infrastructure evolved during the year with investments in new business clusters and economic zones, including an Industrial Cluster, and the strategically important Light Defense Sector in collaboration with the General Authority for Military Industries.

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Highlights of the Year Financial Highlights

Fiscal stability and
asset growth

Revenue

986.9 million

Gross Profit

302.4 million

Total Assets

17.6 billion

Shareholders' Equity

7.4 billion

Highlights of the Year Operational Highlights

Fiscal stability and asset growth

Commercial Properties
50
National and international companies
Industrial Valley
115
thousand
metres2
National and international companies
King Abdullah Port
17.3
km2
63.4% developed
Residential Properties
15,958
units
Total number of residential products
Bay La Sun
96
thousand
metres2
100% developed High-end communities
Al-Murooj
3.4
million
metres2
94.3% developed High-end communities
Al Talah Gardens
3.0
million
metres2
98% developed Middle-income communities
Al-Waha
243
thousand
metres2
100% developed Middle-income communities
Al-Shurooq
150
thousand
metres2
100% developed Affordable communities