For inquiries
Riyadh, Saudi Arabia
Dar Al-Arkan Real Estate Development Company, which owns land and real estate, and builds on it and invests on it, listed on the Saudi market, Tadawul, confirmed that its profits increased to 788.40 million riyals by the end of the first nine months of 2026 by 12% after excluding minority rights, compared to 704.01 million riyals achieved during the same period of 2025.
The company attributed the increase in profits during the current period compared to the same period of the previous year to the increase in sales revenues in the current period, compared to the same period of the previous year, mainly to the increase in real estate sales, low operating expenses, and higher profits from investment in associates, in addition to other non-operational revenues achieved from Islamic Murabaha, according to the company’s statement on “Tadawul” website.
This has had a positive impact on net profit, which has had the effect of meeting higher operating expenses and financing burdens, despite a decrease in other non-operational and revenue from Islamic Murabaha, and a decrease in sales revenue in the current quarter, compared to the previous quarter of this year mainly to a decrease in real estate sales.
For more Information contact: www.dxrprop.ae
Call/WhatsApp: +971501090635
Email: alnashra2013@gmail.com
– To write a special article about the name of your organization or company, you can write to the following email: