Mawten Real Estate Company reported net profits of 146.8 million riyals for 2014, representing a return on equity of 13.35%, Commenting on the company’s financial statements, Chairman of the Board of Directors Hamad bin Mohammed bin Saidan stated: “By the grace of God, the company has been able to maintain an upward trend in its annual profits,” noting that the company holds secure investments in select, highly profitable assets and projects, which has positively impacted its performance and financial strength and will lead to further growth in shareholders’ equity in the coming years, Furthermore, the diversification of its projects to serve vital sectors of the economy was a sound decision.
