REG - Dar Al-Arkan Sukuk - 3rd Quarter Results

Fair Value REIT-AGAnnouncement

10/11/2025 10:30

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RNS Number : 8602G  Dar Al-Arkan Sukuk Company Ltd  10 November 2025

              Dar Alarkan Real Estate Development Company announces its interim financial
              results for the period ending on 30-09-2025 (9 months)
                                                                                              All figures are in (Millions) Saudi Arabian Riyals

              Element                                                                         Current quarter                                 Similar quarter for previous year  % Change Current         Previous quarter  % Change
              Sales / Revenue                                                                        1,017.25                                        918.73                      10.7%                         852.14       19.4%
              Gross Profit (Loss)                                                                       598.01                                       412.11                      45.1%                         410.85       45.6%
              Operational Profit (Loss)                                                                 542.68                                       332.77                      63.1%                         353.43       53.5%
              Net Profit (Loss) after Zakat and Tax                                                     255.60                                      134.74                       89.7%                         238.62       7.1%
              Total Comprehensive Income                                                                314.95                                       151.48                      107.9%                        224.34       40.4%

              Element                                                                         Current period                                  Similar period for previous year   % change
              Sales / Revenue                                                                  2,801.39                                        2,745.21                          2.0%
              Gross Profit (Loss)                                                              1,415.42                                        1,151.64                          22.9%
              Operational Profit (Loss)                                                        1,233.70                                        955.48                            29.1%
              Net Profit (Loss) after Zakat and Tax                                            703.57                                          453.46                            55.2%
              Total Comprehensive Income                                                       749.25                                          435.13                            72.2%
              Total Share Holders Equity (after deducting minority equity)                    21,843.86                                       20,727.01                          5.39%
              Profit (Loss) per Share                                                         0.65                                            0.42                               -

              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         The increase in sales revenue for the current quarter compared to the same
              current quarter compared to the same quarter of the last year is                quarter of last year is mainly due to higher property sale and inclusion of
                                                                                              project management contracting revenue.
              The reason of the increase (decrease) in the net profit during the current      The Increase in net income is mainly due to higher property sale and increased
              quarter compared to the same quarter of the last year is                        margin achieved in property sale and the increase in project management and
                                                                                              contracting revenues.  The decrease in operating cost, the increase in
                                                                                              non-operating income from Islamic Murabaha deposits and the increase in share
                                                                                              of profit from associates were partially offset with the increase in finance
                                                                                              cost and positively impacted the net income.
              The reason of the increase (decrease) in the sales/ revenues during the         The increase in sales revenue for the current quarter compared to the previous
              current quarter compared to the previous one is                                 quarter is mainly due to higher property sale.
              The reason of the increase (decrease) in the net profit during the current      The Increase in net income is mainly due to higher property sale.  The
              quarter compared to the previous one is                                         increase in finance cost offset with the decrease in operating cost, increase
                                                                                              in non-operating income from Islamic Murabaha deposits and the increase in
                                                                                              share of profit from associates and impacted the net income.
              The reason of the increase (decrease) in the sales/revenue during the current   The increase in sales revenue for the current period compared to the same
              period compared to the same period of the last year is                          period last year is mainly due to higher property sale and inclusion of
                                                                                              project management contracting revenue.
              The reason of the increase (decrease) in the net profit during the current      The Increase in net income is mainly due to higher property sale and increased
              period compared to the same period of the last year is                          margin achieved in property sale and the increase in project management and
                                                                                              contracting revenues.  The decrease in operating cost, the increase in
                                                                                              non-operating income from Islamic Murabaha deposits and the increase in share
                                                                                              of profit from associates were partially offset with the increase in finance
                                                                                              cost and positively 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    None
              External Auditor Opinion
              3.  Reclassification of Comparison Items                                        None
              4.  Additional Information                                                      None

 

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