Investor Presentaiton
Return to LFL Total Revenue Growth
Revenue | SAR MN
■Net Rental Revenue Media Sales Utilities & Other
2,161
2,176
2,123
139
135
119
66
61
52
1,952
1,961
1,975
FY17
FY18
FY19
Total revenue for the
year was SAR 2,176.4
million in FY2019, up
0.7% y-o-y driven by
management's yield
and space optimization
strategies that unlocked
new value from its
operating assets, and
offsetting temporary
setbacks from the
termination of weak
performers.
Khurais Mall
3%
Salaam Mall
9%
Others
25%
Haifa Mall
3%
Noor Mall
6%
Revenue by Mall
Mall of Dhahran
16%
Mall of Arabia
13%
Salam Mall
3%
The Mall of Dhahran
was the largest
contributor to revenues
in FY2019 at 16%,
following by Mall of
Arabia (13%) and
Nakheel and Salaam
malls each contributing
9%.
Makkah Mall
7%
Aziz Mall
7%
Nakheel Mall
9%
Revenue by Type
O
Like-for-Like Total Revenue Growth
8.6%
5.9%
-2.2%
-6.7%
0.7%
On a like-for-like basis,
total revenue was up
0.7%% y-o-y in FY2019
driven by
management's yield
and space optimization
strategies as well as an
improvement in like-
for-like occupancy
rates, which recorded
94.3% compared to
92.0% in FY2018.
Utilities & Other
Revenue
6%
Media
Sales
3%
FY15
FY16
FY17
FY18
FY19
Arabian Centres Company.
Investor Presentation
Rental
Revenue
91%
ACC derives the lion's
share of its revenues
from net rental
revenue, which
constituted 91% in
FY2019. ACC is working
toward yield
optimization on the
GLA as well as
increasing contributions
from non-GLA activities
as one of its key growth
avenues.
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