Riyadh-Mubasher: Al Andalus Property posted net earnings of SAR 72.4 million (SAR 1.03 a share) for the first nine months of 2015, growing 11% compared with SAR 65.2 million in the same period a year earlier.
Lease revenues climbed 23.2% year-on-year on leasing Al Sahafa Center, Yarmouk Center and Al-Telal Center.
Income from investment in fellow companies increased by 7.7% compared with the same period of 2014.
The developer's initial public offering (IPO) will run on 17-23 December.
