Union Properties
| Name | Union Properties | |
| Sector | Construction and Real Estate - Real Estate developers | |
| Trading | DFM | |
| RIC Code | UPRO.DU | |
| Location | UAE |
Profile and Background
Union Properties was incorporated in October 1993. The principal activities of the company are property investment and development, the management and maintenance of its own properties including the operation of its cold stores, and the undertaking of property related services on behalf of other parties, including related parties.
Union owns 81% of Thermo, which is engaged in mechanical and electrical contracting activities and facilities management services. Thermo on the other hand acquired Gulf Mechanical Acoustic Manufacturing which is involved in the manufacturing of air conditioning ducts , fire dampers, attenuators and other sheet metal works.
Union owns 81% of Thermo, which is engaged in mechanical and electrical contracting activities and facilities management services. Thermo on the other hand acquired Gulf Mechanical Acoustic Manufacturing which is involved in the manufacturing of air conditioning ducts , fire dampers, attenuators and other sheet metal works.
Shareholding Groups
| Individuals | N/A |
| Institutions | 60% |
| Floating | N/A |
| Government | N/A |
Board Members (Listed in alphabetical order)
| Director | Abdul Aziz Yaqoob Al Serkal |
| Director | Abdulla Rashed Abdulla Omran |
| Chairman | Anis Abdullah Al Jallaf |
| Director | Ebrahim Nasser Lootah |
| Vice Chairman | Fardan Ali Alfardan |
| Director | Mohamad Omar Bin Haidar |
| Director | Saeed Mohammed Al Shareed |
Stock Performance
Market Information
| Stock | UAE Index | |
| Last Closing | AED 5.08 | 5063.31 |
| YTD % |  8.928% |  -0.29% |
| Weekly % | -2.307% | -1.92% |
| Year High | AED 5.27 | 5418.77 |
| Year Low | AED 3.77 | 4472.14 |
| 52 Week High | AED 5.27 | 5418.77 |
| 52 Week Low | AED 2.75 | 3504.54 |
| BETA | 1.3991 | |
| Outstanding Shares | 3,060,778,624 | |
| Market Cap | AED 15,548,755,410 | |
| Market Cap in $ | USD $4,233,257,667 | |
| % of UAE Market | 1.84% | |
| % of Sector | 14.13% | |
| Rank by Cap | 15 |
Key Figures in '000 AED
| 2005 | 2004 | 2003 | |
| Total Assets | 23,755,687 | 2,889,307 | 2,278,863 |
| Shareholder's Equity | 3,443,025 | 1,420,501 | 1,319,282 |
| NIAT | 584,538 | 148,411 | 87,170 |
| Dividends | N/A | N/A | N/A |
Financial Ratios
| 2005 | 2004 | 2003 | |
| Assets Growth | 722.19% | 26.79% | 20.11% |
| Earning Growth | 293.86% | 70.25% | 20.96% |
| ROaA | 4.39% | 5.74% | 4.18% |
| ROaE | 24.04% | 10.83% | 6.65% |
| No. Of Shares | 1,780,368,590 | 77,407,330 | 70,370,300 |
| EPS | 0.33 | 1.92 | 1.24 |
| EPS Growth | 293.86% | 70.25% | 20.96% |
| Payout Ratio | N/A | N/A | N/A |
Valuation Ratios
| Trailing | |
| PE | 26.60 |
| PB | |
| DVPS | N/A |
| Div Yield | N/A |
| EV | 10,860,248.40 |
| EV/Equity | 3.15 |
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