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Deyaar Development PJSC — Earnings Release 2023
Jan 24, 2023
66353_rns_2023-01-24_c4584035-496c-480b-8f7a-53e2842d0b6d.pdf
Earnings Release
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Preliminary Results of Public Joint Shareholders Company (for the year ended 31st December 2022)
First - General Information:
| Name of the company: | Deyaar Development PJSC | |||
|---|---|---|---|---|
| Date of establishment: | 10 July 2007 | |||
| Paid up capital: | AED 4,375,837,645 | |||
| Subscribed capital: | AED 4,375,837,645 | |||
| Authorized capital: | AED 4,375,837,645 | |||
| Chairman of the Board: | Mr. Abdulla Ali Obaid Al Hamli | |||
| Chief Executive Officer: | Mr. Saeed Mohammed Al Qatami | |||
| Name of the external auditor : | Deloitte & Touche (M.E.) | |||
| Mailing address: P.O. Box 30833, | Level 6, Deyaar Building, Al Barsha 1, Dubai, U.A.E. |
|||
| Tel: | +971 4 395 7700 | |||
| Fax: | +971 4 395 7804 | |||
| $E$ – mail: [email protected] |

Page 1 of 2
Second - Preliminary Results (000 AED):
| îă. | 2022 Unaudited AED '000' |
2021 Audited AED '000' |
|---|---|---|
| 1-Total Assets | 6,176,414 | 5,791,517 |
| 2- Shareholders Equity | 4,502,485 | 4,361,964 |
| 3- Revenues | 803,409 | 496,955 |
| 4- Net profit for the period | 144,238 | 50,802 |
| 5- Earnings per share | Fils 3.30 | Fils 0.88 |
6-Summary of the company's performance for the last fiscal year.
- The company achieved an increase in revenues by 61.7% compared to 2021. $\bullet$
- The company achieved an increase in net profit by 183.9% compared to 2021. $\bullet$
- Successfully completed capital restructuring in June 2022 by writing off $\bullet$ accumulated losses from previous years.
- Successfully launched Tria Project in Dubai Silicon Oasis in July 2022 and $\bullet$ achieved significant progress in project construction activities, where projects will be delivered before the committed timeline.
| signatory | The name of the chairman of the company or the authorized | Saeed Mohammed Al Qatami |
|---|---|---|
| Signature and Date | 24 January 2023 | |
| Company's Seal | ||
| 81 | ||
| DEYAÄR | ||
| Deyaar Development PJSC | Page 2 of 2 | |
| 百日 EYAA |
PO Box 30833, Dubai, UAE T: +971 4 395 7700 |
$\Delta \bullet$
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