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Dar Alarkan Real Estate Development Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )

DAR ALARKAN 4300 -5.19% 19.35 -1.06
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 852.14 961.56 -11.379 932.01 -8.569
Gross Profit (Loss) 410.85 383.74 7.064 406.57 1.052
Operational Profit (Loss) 353.43 317.49 11.32 337.59 4.692
Net profit (Loss) 238.62 165.12 44.513 209.34 13.986
Total Comprehensive Income 224.34 145.38 54.312 209.55 7.057
All figures are in (Millions) Saudi Arabia, Riyals


Element List Current Period Similar period for previous year %Change
Sales/Revenue 1,784.14 1,826.48 -2.318
Gross Profit (Loss) 817.42 739.53 10.532
Operational Profit (Loss) 691.02 622.71 10.969
Net profit (Loss) 447.96 318.71 40.554
Total Comprehensive Income 434.3 283.65 53.111
Total Shareholders Equity (after Deducting Minority Equity) 21,528.91 20,575.53 4.633
Profit (Loss) per Share 0.41 0.3
All figures are in (Millions) Saudi Arabia, Riyals


Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value - -
All figures are in (Millions) Saudi Arabia, Riyals


Element List 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 decrease in sales revenue for the current quarter compared to the same quarter of the previous year is mainly due to lower property sale.
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 margin achieved in property sale and the increase in project management and contracting revenues . The increase in lease revenue, the decrease in finance costs, the decrease in operating cost and the increase in non-operating income from Islamic Murabaha deposits are 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 decrease in sales revenue for the current quarter compared to the previous quarter is mainly due to lower property sale.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The Increase in net income is mainly due to higher margin achieved in property sale and the increase in project management and contracting revenues . The decrease in operating cost and the increase in non-operating income from Islamic Murabaha deposits are off-set with the increase in finance costs and positively impacted the net income.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The decrease in sales revenue for the current period compared to the same period last year is mainly due to lower property sale.
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 margin achieved in property sale and the increase in project management and contracting revenues. The decrease in finance costs and the increase in non-operating income from Islamic Murabaha deposits are offset with the increase in operating expenses and lower profits received from the associates and positively impacted the net income.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None
Reclassification of Comparison Items None
Additional Information None

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