SNG: Saudi: Dar Al Arkan sees 36% higher profits in Q1-25

About this update from Dar Al Arkan Real Estate Development Co.

First published: 05-May-2025 11:38:03Staff WriterRiyadh – Dar Al Arkan Real Estate Development Company posted net profits worth SAR 209.34 million in the first quarter (Q1) of 2025, an annual growth of 36.29% from SAR 153.59 million.Revenues hiked by 7.75% to SAR 932.01 million in Q1-25 from SAR 864.92 million in Q1-24, the financial results showed.The earnings per share (EPS) increased to SAR 0.19 as of 31 March 2025 from SAR 0.14 a year earlier.Quarterly, the Q1-25 net profits shrank by 40.76% from SAR 353.38 million in Q4-24, while the revenues dropped by 8.06% from SAR 1.01 billion.In 2024, Dar Al Arkan’s net profits jumped by 32.10% YoY to SAR 806.84 million from SAR 610.76 million.Source: MubasherAll Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).MubasherDisclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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