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Amlak Finance PJSC Earnings Release 2021

Feb 11, 2021

66346_rns_2021-02-11_19bc0ff1-1bd5-439c-b13d-053e210098c2.pdf

Earnings Release

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Amlak Finance PJSC. Toll Free: 800 - 26525 Tel: +971 4 427 4500 Fax: +971 4 427 4502 PO Box 2441 Dubai - UAE www.amlakfinance.com

Issuance & Disclosure Department

Preliminary Results of Public Joint Shareholders Company (Final Result Brief for the year ended 31 December 2020)

First - General Information:

Name of the company: Amlak Finance PJSC and its Subsidiaries

Date Establishment: 11 November 2000

Paid up capital: 1,500,000,000

Subscribed capital: 1,500,000,000

Authorized capital: 1,500,000,000

Chairman of the Board: Mr. Ali Ibrahim Mohammad Ismail

Chief Executive Officer: Mr. Arif Abdulla Alharmi Albastaki

Name of the external auditor: Deloitte & Touche (M.E.)

Mailing address: P.O. Box 2441, Dubai, UAE

Tel: +97144274500

Fax: +97144274502

$E$ – mail: [email protected],

Second - Preliminary Results (000 AED) :

2020 2019
1-Total Assets 3,991,267 5,307,292
2- Shareholders Equity 244,531 706,978
3- Revenues 282,750 278,575
4- Net Operating Loss (339, 424) (210, 253)
5- Net Loss for the year (437,980) (319, 782)
6- Loss per share (0.30) (0.22)

7- Summary of the company's performance for the last fiscal year.

Amlak Finance PJSC and its Subsidiaries reported a net loss of AED 438 million for the year ended December 31, 2020 with loss per share at $30$ fils.

Chairman or authorized person signature:

املاك للتمويل (ش.م.ع.)
Company stamp: $\ldots$
Amlak Finance (PJSC)