t
Dar Alarkan Real Estate Development Company announced its interim financial results for the nine-month period ending 30-09-2025 on 10 November 2025. For the current quarter, sales/revenue increased by 10.7% to SAR 1,017.25 million, and net profit after Zakat and Tax rose by 89.7% to SAR 255.60 million compared to the similar quarter last year. For the nine-month period, sales/revenue grew by 2.0% to SAR 2,801.39 million, with net profit after Zakat and Tax increasing 55.2% to SAR 703.57 million, and total shareholders' equity reached SAR 21,843.86 million, up 5.39%.
| Date | 10 Nov 2025 |
| Time | 09:19:08 |
| Category | Results |
| ID | 8602G |
|
|
Dar Alarkan Real Estate Development Company announces its interim financial results for the period ending on 30-09-2025 (9 months) |
||||||
|
|
|
All figures are in (Millions) Saudi Arabian Riyals |
|||||
|
|
|
|
|
|
|
|
|
|
|
Element |
Current quarter |
Similar quarter for previous year |
% Change Current |
Previous quarter |
% Change |
|
|
|
Sales / Revenue |
1,017.25 |
918.73 |
10.7% |
852.14 |
19.4% |
|
|
|
Gross Profit (Loss) |
598.01 |
412.11 |
45.1% |
410.85 |
45.6% |
|
|
|
Operational Profit (Loss) |
542.68 |
332.77 |
63.1% |
353.43 |
53.5% |
|
|
|
Net Profit (Loss) after Zakat and Tax |
255.60 |
134.74 |
89.7% |
238.62 |
7.1% |
|
|
|
Total Comprehensive Income |
314.95 |
151.48 |
107.9% |
224.34 |
40.4% |
|
|
|
|||||||
|
|
Element |
Current period |
Similar period for previous year |
% change |
|
||
|
|
Sales / Revenue |
2,801.39 |
2,745.21 |
2.0% |
|||
|
|
Gross Profit (Loss) |
1,415.42 |
1,151.64 |
22.9% |
|||
|
|
Operational Profit (Loss) |
1,233.70 |
955.48 |
29.1% |
|||
|
|
Net Profit (Loss) after Zakat and Tax |
703.57 |
453.46 |
55.2% |
|||
|
|
Total Comprehensive Income |
749.25 |
435.13 |
72.2% |
|||
|
|
Total Share Holders Equity (after deducting minority equity) |
21,843.86 |
20,727.01 |
5.39% |
|||
|
|
Profit (Loss) per Share |
0.65 |
0.42 |
- |
|||
|
|
|
||||||
|
|
Element List |
Amount |
Percentage Of The Capital (%) |
||||
|
|
Profit (Losses) Resulting From The Change In Investment Properties' Fair Value |
- |
- |
||||
|
|
|||||||
|
|
Element |
Explanation |
|||||
|
|
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is |
The increase in sales revenue for the current quarter compared to the same quarter of last year is mainly due to higher property sale and inclusion of project management contracting revenue. |
|||||
|
|
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is |
The Increase in net income is mainly due to higher property sale and increased margin achieved in property sale and the increase in project management and contracting revenues. The decrease in operating cost, the increase in non-operating income from Islamic Murabaha deposits and the increase in share of profit from associates were partially offset with the increase in finance cost and positively impacted the net income. |
|||||
|
|
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The increase in sales revenue for the current quarter compared to the previous quarter is mainly due to higher property sale. |
|||||
|
|
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous one is |
The Increase in net income is mainly due to higher property sale. The increase in finance cost offset with the decrease in operating cost, increase in non-operating income from Islamic Murabaha deposits and the increase in share of profit from associates and impacted the net income. |
|||||
|
|
The reason of the increase (decrease) in the sales/revenue during the current period compared to the same period of the last year is |
The increase in sales revenue for the current period compared to the same period last year is mainly due to higher property sale and inclusion of project management contracting revenue. |
|||||
|
|
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is |
The Increase in net income is mainly due to higher property sale and increased margin achieved in property sale and the increase in project management and contracting revenues. The decrease in operating cost, the increase in non-operating income from Islamic Murabaha deposits and the increase in share of profit from associates were partially offset with the increase in finance cost and positively impacted the net income. |
|||||
|
Other notes |
1. Statement of the type of external auditor's report |
Unmodified conclusion |
|||||
|
2. Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion |
None |
||||||
|
3. Reclassification of Comparison Items |
None |
||||||
|
4. Additional Information |
None |
||||||