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Dar Alarkan Real Estate Development Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )
4300
DAR ALARKAN
-0.63
%
1446/11/06 04/05/2025 07:29:46
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 932.01 | 864.92 | 7.756 | 1,013.81 | -8.068 |
| Gross Profit (Loss) | 406.57 | 355.8 | 14.269 | 448.37 | -9.322 |
| Operational Profit (Loss) | 337.59 | 305.22 | 10.605 | 378.63 | -10.839 |
| Net profit (Loss) | 209.34 | 153.59 | 36.297 | 353.38 | -40.76 |
| Total Comprehensive Income | 209.55 | 138.26 | 51.562 | 365.53 | -42.672 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 21,304.55 | 20,430.14 | 4.28 |
| Profit (Loss) per Share | 0.19 | 0.14 | |
| 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 previous 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 increase in lease revenue, 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. |
| 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 decrease in net income is mainly due to lower property sale. The lower profits received from the associates further 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 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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