The quarterly profits of “Dar Al -Arkan” are 36.6% to 209 million riyals

The net profits of the “Dar Al -Arkan Real Estate Development Company” increased by 36.3% during the first quarter of this year, to reach 209.34 million riyals, compared to 153.59 million riyals for the same quarter of the previous year.
This rise, according to a company statement, is due to “Saudi Arabia”, today, Sunday, to the rise in real estate sales during the first quarter of 2025.
Dar Al -Arkan explained that it was able to compensate for the high operating costs, and the decrease in the revenues of its associate companies, to rise in the revenue of the leasing, the low financing burden, in addition to the high non -operational revenues, and the revenues achieved by Islamic murabaha, which had a positive impact on the net profit.