The Board of Directors report from Real Estate Facilities Company (OTC 350) confirmed the company's sustained positive performance for the financial year ending on March 31, 2024. The company recorded profits of KD 1.9 million, marking an 11% increase from the previous year, attributed to the rise in the fair value of real estate investments. 

Additionally, net leasing revenues stood at KD 1.9 million, up by 2% from the previous year, while net revenues reached KD 3.2 million compared to KD 2.8 million, representing a 14% increase. 

The company's assets also saw a growth of 2.5% compared to the previous year, with total assets valued at KD 51 million. 

During the company's General Assembly, the Board of Directors' proposal to distribute cash dividends of 5% at 5 fils per share was approved, totaling KD 1.250 million.