Dar Al-Arkan Sukuk - Dar Al Arkans Half-year Financial Report
Dar Alarkan Real Estate Development Company announces its interim financial results for the period ending on 30-06-2026 (6 months)
All figures are in (Millions) Saudi Arabian Riyals
Element
Current quarter
Similar quarter for previous year
% Change Current
Previous quarter
% Change
Sales / Revenue
1,179.98
852.14
38.5%
1,163.29
1.4%
Gross Profit (Loss)
531.80
410.85
29.4%
533.11
-0.2%
Operational Profit (Loss)
482.88
353.43
36.6%
480.01
0.6%
Net Profit (Loss) after Zakat and Tax
238.74
238.62
0.1%
260.24
-8.3%
Total Comprehensive Income
243.36
224.34
8.5%
239.24
1.7%
Element
Current period
Similar period for previous year
% change
Sales / Revenue
2,343.27
1,784.14
31.3%
Gross Profit (Loss)
1,064.90
817.42
30.3%
Operational Profit (Loss)
962.90
691.02
39.3%
Net Profit (Loss) after Zakat and Tax
498.97
447.96
11.4%
Total Comprehensive Income
482.59
434.30
11.1%
Total Share Holders Equity (after deducting minority equity)
22,710.03
21,528.91
5.49%
Profit (Loss) per Share
0.46
0.41
-
Element List
Amount
Percentage Of The Capital (%)
Profit (Losses) Resulting From The Change In Investment Properties' Fair Value
-
-
Element
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 sales.
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 finance costs was partially offset with the decrease in operating expenses and the increase in non-operating income from Islamic Murabaha deposits and 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 Increase in sales revenue for the current quarter compared to the previous quarter is mainly due to higher property sale.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous one is
In spite of higher properties sale, the decrease in net income is mainly due to the increase in finance costs. The decrease in operating expenses and the increase in non-operating income from Islamic Murabaha deposits were positively impacted the net income.
The reason of the increase (decrease) in the sales/revenue 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 sales.
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 for the period was partially offset with the increase in lease revenue, decrease in operating expenses and the increase in non-operating income from Islamic Murabaha deposits and impacted the net income.
Other notes
1. Statement of the type of external auditor's report
Unmodified conclusion
2. Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion
None
3. Reclassification of Comparison Items
None
4. Additional Information
None
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