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On 05 November 2026, Dar Alarkan Real Estate Development Company announced its interim financial results for the nine-month period ending 30 September 2026. For the nine-month period, revenue increased by 23.8% year-on-year to SAR 3,468.89 million, and net profit after Zakat and tax rose 12.1% to SAR 788.99 million, yielding earnings per share of SAR 0.73. For the current quarter, sales grew 10.7% year-on-year to SAR 1,125.62 million with net profit rising 13.5% to SAR 290.02 million, and the external auditor issued an unmodified conclusion.
| Date | 5 Nov 2026 |
| Time | 08:40:06 |
| Category | Results |
| ID | 9607B |
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Dar Alarkan Real Estate Development Company announces its interim financial results for the period ending on 30-09-2026 (9 months) |
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All figures are in (Millions) Saudi Arabian Riyals |
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Element |
Current quarter |
Similar quarter for previous year |
% Change Current |
Previous quarter |
% Change |
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Sales / Revenue |
1,125.62 |
1,017.25 |
10.7% |
1,179.98 |
-4.6% |
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Gross Profit (Loss) |
530.29 |
598.01 |
-11.3% |
531.80 |
-0.3% |
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Operational Profit (Loss) |
479.80 |
542.68 |
-11.6% |
482.88 |
-0.6% |
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Net Profit (Loss) after Zakat and Tax |
290.02 |
255.60 |
13.5% |
238.74 |
21.5% |
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Total Comprehensive Income |
265.03 |
314.95 |
-15.9% |
243.73 |
8.7% |
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Element |
Current period |
Similar period for previous year |
% change |
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Sales / Revenue |
3,468.89 |
2,801.39 |
23.8% |
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Gross Profit (Loss) |
1,595.19 |
1,415.42 |
12.7% |
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Operational Profit (Loss) |
1,442.70 |
1,233.70 |
16.9% |
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Net Profit (Loss) after Zakat and Tax |
788.99 |
703.57 |
12.1% |
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Total Comprehensive Income |
747.76 |
749.25 |
-0.2% |
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Total Share Holders Equity (after deducting minority equity) |
22,975.34 |
21,843.86 |
5.18% |
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Profit (Loss) per Share |
0.73 |
0.65 |
- |
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Element List |
Amount |
Percentage Of The Capital (%) |
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Profit (Losses) Resulting From The Change In Investment Properties' Fair Value |
- |
- |
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Element |
Explanation |
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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 the last year is mainly due to higher property sale. |
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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. The decrease in finance costs, decrease in operating expenses and the increase in the share of income from associates were offset with the decrease in non-operating income from Islamic Murabaha deposits and positively impacted the net income. |
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The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The decrease in sales revenue for the current quarter compared to the previous quarter is mainly due to lower property sale. |
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The reason of the increase (decrease) in the net profit during the current quarter compared to the previous one is |
In spite of lower property sale, the increase in net income is mainly due to the increase in share of income from associates and the increase in non-operating income from Islamic Murabaha deposits which fully offset with the increase in Operating cost and Finance cost and positively impacted the net income. |
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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.
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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. The increase in finance costs offset with the decrease in operating expenses, increase in share of income from associates and the increase in non-operating income from Islamic Murabaha deposits and positively impacted the net income. |
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Other notes |
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Unmodified conclusion |
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None |
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None |
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None |
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