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The Lebanese Company For The Development And Reconstruction Of Beirut Central District S.A.L. (Lebanon)

Main Activities: Land Subdivision | All Other Specialty Trade Contractors | Landscape Architectural Services
Full name: The Lebanese Company For The Development And Reconstruction Of Beirut Central District S.A.L. Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Lebanese Company for the Development and Reconstruction of Beirut Central District, or Solidere, is a Lebanese real estate development company. It was incorporated in 1994 by the government and the then-prime minister and business tycoon Rafiq Al Hariri with the aim at reconstructing Beirut Central District after Lebanon’s ravaging civil war, which ended in 1990. Solidere is a special type of public-private partnership, for it is a private company, enjoying special privileges and limited regulatory authority awarded by the government. The company’s services include urban planning, land development, real estate development, facility management and broadband services. In 2006 the general assembly of the company decided to amend the objective of the company to include services and consultancy in real estate development outside Beirut Central District. In 2007 the company expanded its activities internationally via one of its subsidiaries Solidere International Limited.

Headquarters
Building 149, Saad Zaghloul Street Beirut Central District, Po Box 119493
Beirut; Beirut Governorate; Postal Code: 119493

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Website: http://www.solidere.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1994
Key Executives
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Chairperson
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Vice 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
Ownership Details
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Subsidiaries
Bhc Holding S.A.L.
100%
Solidere International Holdings S.A.L
100%
Solidere Management Services (Offshore) S.A.
100%
Company Performance
Financial values in the chart are available after The Lebanese Company For The Development And Reconstruction Of Beirut Central District S.A.L. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-39.52%
Total operating revenue
-38.18%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
-20.59%
Total assets
-1.86%
Total equity
-0.86%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-3.71%
Return on Equity (ROE)
-0.06%
Quick Ratio
-0.11%
Cash Ratio
-0.18%

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