Net profit of the company after tax, reached $182.2 million, the company said in figures it released on Sunday. The results are similar to the company’s last year’s post tax net profit of $182.7 million.

Solidere’s accumulated net profit from its international and internal activities and its share of profit from its subsidiaries reached $189.2 million in 2009, the company said.

At the end of 2009, the company enjoyed a solid liquid position with a total liquidity of $171 million. Total accounts receivable owed to the company from buyers and other customers reached $479 million last year. $133 million out of this figure are receivables that the company will include and recognize in the next three years, and $346 million are included in the company’s 2009 financial statements.

Revenues of the company from land sales reached $305 million, a rise of 19 percent from last year. The company is in talks with potential investors over the sale of $450 million worth of properties, and deals are expected to be signed over the next few months.

The company has completed setting up the southern part of the Beirut Souk project that it will open over the next two months, and it is completing the establishment of the northern part of the Souk.  This part will include an entertainment compound and a cinema which will be completed in two years, and it will include huge stores that will be completed in the next three years from now, it said.

The company’s Board will propose a dividend of $1.15 per share for 2009. The dividend will be pending an approval from the General Assembly which will meet on June 24.