Sigma Capital

04-11-2026

Dar Alarkan Real Estate Development Co. announces its Interim Financial results for the Period Ending on 2026-09-30 ( Nine Months )

Source: MIST

Tadawul-


Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change
Sales/Revenue 1,125.62 1,017.25 10.653 1,179.98 -4.606
Gross Profit (Loss) 530.29 598.01 -11.324 531.8 -0.283
Operational Profit (Loss) 479.8 542.68 -11.586 482.88 -0.637
Net Profit (Loss) Attributable to Shareholders of the Issuer 290.02 255.6 13.466 238.74 21.479
Total Comprehensive Income Attributable to Shareholders of the Issuer 265.03 314.95 -15.85 243.73 8.739
All figures are in (Millions) Saudi Arabia, Riyals


Element List Current Period Similar Period For Previous Year %Change
Sales/Revenue 3,468.89 2,801.39 23.827
Gross Profit (Loss) 1,595.19 1,415.42 12.7
Operational Profit (Loss) 1,442.7 1,233.7 16.94
Net Profit (Loss) Attributable to Shareholders of the Issuer 788.99 703.57 12.14
Total Comprehensive Income Attributable to Shareholders of the Issuer 747.76 749.25 -0.198
Total Shareholders Equity (after Deducting Minority Equity) 22,975.34 21,843.86 5.179
Profit (Loss) per Share 0.73 0.65
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 increase in sales revenue for the current quarter compared to the same quarter of the last year is mainly due to higher 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 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.
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 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.
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 increase in sales revenue for the current period compared to the same period last year is mainly due to higher 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 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.
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