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Union Land Development Corporation Public Shareholding Limited Company (Jordan)

Main Activities: Other Financial Investment Activities | Lessors of Real Estate
Full name: Union Land Development Corporation Public Shareholding Limited Company Profile Updated: April 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Union Land Development (ULD) is a Jordanian company, established in 1995, through the merger between the Jordan Gulf Company for Real Estate Investments and Petra for Projects and Equipment Rentals. In June 2004, ULD acquired the Middle East and Commodore Hotels Company. The company is engaged in real estate operations primarily in the commercial and tourism industries. Its activities include investments in land and real estate for residential, commercial, touristic, recreational and industrial use, as well as investment, construction and operation of hotel chains, land subdivision and sale, general construction and development, and maintenance and facility management. Among UDL completed projects are Um Uthaina Building, 3rd Circle Building and Wadi Saqra Apartments. Union Land Development owns six wholly owned real estate and contracting subsidiaries.

Headquarters
Om Authainah- Artaira St.Building No.(6) 2Nd Floor, P.O.Box 926648
Amman; West Zone; Postal Code: 11192

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Website: http://www.uld.jo

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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37.312%
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31.324%
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9.548%
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3.916%
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1.605%
Subsidiaries
Union Tobacco & Cigarette Industries Co. Plc
6.788%
Adam Real Estate Investment Co L.L.C
Al Farait Real Estate Investments Llc
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net sales revenue
0.24%
Total operating revenue
-4.28%
Operating profit (EBIT)
-3.27%
EBITDA
-2.91%
Net Profit (Loss) for the Period
54.36%
Total assets
-4.31%
Total equity
2.43%
Operating Profit Margin (ROS)
-2.66%
Net Profit Margin
18.3%
Return on Equity (ROE)
0.32%
Debt to Equity Ratio
-4.35%
Quick Ratio
1.12%
Cash Ratio
0.12%

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