Publisher: Maaal International Media Company
License: 465734
Dar Al Arkan Real Estate Development Co. reported a 36.2% year-on-year increase in net profit to SAR 209.3 million for the first quarter of 2025, up from SAR 153.5 million in the same period last year, following the release of its preliminary financial results for the three-month period ended March 31, 2025.
Operating profit grew by 10.6% to SAR 337.5 million, compared to SAR 305.2 million in Q1 2024.
Total shareholders’ equity (excluding non-controlling interests) reached SAR 21.3 billion, up from SAR 20.4 billion in the prior-year period, marking a 4.2% increase.
Earnings per share for the current quarter stood at SAR 0.19, compared to SAR 0.14 a year earlier.