United Real Estate Co (K S C) (KUW:URC) Other Income (Expense) : KWD1.39 Mil (TTM As of Dec. 2024)

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What is United Real Estate Co (K S C) Other Income (Expense)?

United Real Estate Co (K S C)'s other income expense for the United Real Estate Co (K S C)'s pretax income for the three months ended in Dec. 2024 was KWD-3.44 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2024 was KWD1.39 Mil.

United Real Estate Co (K S C) Other Income (Expense) Historical Data

The historical data trend for United Real Estate Co (K S C)'s Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Real Estate Co (K S C) Other Income (Expense) Chart

United Real Estate Co (K S C) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Other Income (Expense)

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-8.26

-6.61

12.08

1.84

1.39

United Real Estate Co (K S C) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Other Income (Expense)	Get a 7-Day Free Trial															-0.44	2.75	0.67	1.42	-3.44

United Real Estate Co (K S C) Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD1.39 Mil.

United Real Estate Co (K S C) (KUW:URC) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

United Real Estate Co (K S C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » United Real Estate Co (K S C) (KUW:URC) » Definitions » Other Income (Expense)

Traded in Other Exchanges

N/A

Address

Khalid Bin Al-Waleed Street, P.O. Box 2232, Al Shaheed Tower, Floors 7-8-9-10, Sharq, Safat, Kuwait, KWT, 13023

Website

https://www.urc.com.kw

United Real Estate Co (K S C) is a diversified real estate company. The firm operates through a number of operating subsidiaries and investment arms across the Middle East and North Africa region. The company's core business is real estate development and operations. The company has four segments: Rental operations consist of leasing of properties; Hospitality operations consist of hospitality services; Real estate development &Property trading consist of purchase and resale of properties & development of real estate properties; and Contracting and services: consist of managing third party properties. Its primary geographic markets are Kuwait, Jordan, Egypt and Oman out of which Kuwait generates maximum revenue for the company.

United Real Estate Co (K S C) Headlines

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