1. Kuwait Stocks

  2. •

    Finance

  3. •

    Real estate development
Kuwait Real Estate Company

Kuwait Real Estate Company

KKSE:KRE
347.00
KWF
0.00
(0.00%)
19.88EPS
27.06P/E
452.54BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.02
0.03
0.03
0.04
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.01
0.01
0.01
Free Cash Flow per Basic Share
- -
- -
- -
0.01
- -
- -
0.01
- -
0.01
0.01
- -
0.02
0.03
0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.07
0.07
0.07
0.07
0.07
0.08
0.08
0.08
0.08
0.08
0.1
0.12
0.18
0.17
Tangible Book Value per Share
0.07
0.07
0.07
0.07
0.07
0.08
0.08
0.08
0.08
0.08
0.1
0.12
0.18
0.17
Basic Weighted Avg Shares
1,780
1,780
1,780
1,780
1,780
1,759
1,596
1,552
1,534
1,469
1,473
1,261
1,276
1,336
Sales/Revenue/Turnover
12
14
14
16
17
17
24
18
21
28
29
35
39
56
Operating Margin (%)
53.97
37.96
35.06
47.67
42.81
51.75
72.34
67.69
65.81
58.96
60.89
54.77
47.15
34.89
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
Net Income, GAAP
7
7
4
5
2
7
7
4
6
7
11
13
15
17
Effective Tax Rate (%)
4.4
4.4
4.4
3.95
3.95
4.04
4.34
3.8
3.75
3.77
4.89
8.46
4.71
4.66
Profit Margin (%)
56.76
52.75
31.11
29.82
13.02
38.64
29.68
19.32
29.17
26.31
39.05
38.48
38.24
30.81
Working Capital
-9
-8
-3
-11
-4
30
28
15
5
-7
-1
20
28
77
LT Debt
35
68
79
86
91
112
164
165
158
183
179
200
214
214
Total Equity
125
127
127
132
133
132
131
121
133
132
158
195
252
254
Return on Invested Capital (%)
3.95
3.74
1.96
1.51
2.14
3.47
6.89
5.06
4.4
4.83
4.71
4.33
5.9
6.12
Return on Capital (%)
5.24
5.43
3.47
3.91
3.04
4.86
5.12
2.99
3.47
4.65
5.88
5.76
4.07
4.36
Return on Common Equity (%)
5.62
5.67
3.34
3.72
1.68
5.08
5.41
2.9
5.07
5.68
8.25
8.25
7.43
8.76

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
23
27
36
LT Borrowings
214
213
213
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,288
1,282
1,293
Market Capitalization
467
411
453

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
112
187
167
Cash, Cash Equivalents & STI
58
132
110
Accounts Receivable, Net
11
12
13
Inventories
40
30
30
Total Current Liabilities
84
78
90
Payables & Accruals
- -
- -
- -
ST Debt
23
27
36
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.7%
16.28%
29.15%
Free Cash Flow
68.7%
353.69%
61.94%
Net Income, GAAP
29.62%
35.6%
12.36%
Sales/Revenue/Turnover
12.33%
16.65%
13.08%
Total Cash Common Dividend
- -
- -
-97.93%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8
8
8
11
35
2025
9
10
8
11
39
2026
24
13
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Talal Jassim Mohammad Al-Bahar
Sector
Finance
Industry
Real estate development
Address
Kuwait City Kuwait
IPO Date
Sep 29, 1984
Website
aqarat.com.kw
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Business
Kuwait Real Estate Company KPSC (AQARAT) is a Kuwait-based integrated real estate development, investment, and asset management enterprise engaged in the acquisition, development, operation, and leasing of commercial, residential, retail, and hospitality properties. The company structures its operations across three core business segments: Real Estate, Investment, and Services. AQARAT offers a comprehensive suite of products and services, including: commercial and retail property development, leasing, and asset management, encompassing prominent mixed-use, retail, and office complexes such as Souk Al-Kuwait, Souk Al-Kabeer, and Arabella; residential community development and property management, featuring upscale residential complexes such as Pearl Marzouq as well as purpose-built corporate and hospitality staff accommodation communities developed under the Domus brand; international hospitality investments and operations, holding strategic ownership stakes and asset partnerships in global hotel brands such as YOTEL and Courtyard by Marriott; comprehensive property and facilities management solutions, comprising leasing administration, facility maintenance, tenant relations, and operational management for third-party and proprietary properties; real estate project management and development consultancy, providing feasibility studies, master planning, architectural oversight, and construction management; real estate investment advisory, appraisal, and portfolio valuation services; and lifestyle and wellness center operations conducted through its subsidiary Active Holding. Headquartered in Kuwait City, Kuwait, and founded on May 16, 1972 as the first real estate firm listed on the Kuwait Stock Exchange (Boursa Kuwait: KRE), the company maintains operational and investment assets across Kuwait, the United Arab Emirates, the wider Middle East, the United States, and Europe. In recent strategic developments, AQARAT successfully executed a substantially oversubscribed capital increase to accelerate its regional development pipeline; launched the AED 3.5 billion Al Tay Hills master-planned residential community in Sharjah, United Arab Emirates; completed strategic land acquisitions in Sharjah through an associate company to support upcoming mixed-use developments; broadened its domestic service offerings through health and fitness expansions under Active Holding in Kuwait; and pursued targeted portfolio rebalancing, including the structured exit from the 501 First Residences project in the United States.