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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 )

DAR ALARKAN 4300 -3.49% 19.33 -0.70
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

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