Dar Alarkan Real Estate Development Co. reported an 11% increase in net profit attributable to shareholders to SAR 497 million in H1 2026, compared to SAR 448 million in the same period a year earlier.
| Item | 6m 2025 | 6m 2026 | Change |
|---|---|---|---|
| Revenues | 1,784.14 | 2,343.27 | 31.3 % |
| Gross Income | 817.42 | 1,064.90 | 30.3 % |
| Operating Income | 691.02 | 962.90 | 39.3 % |
| Net Income | 448.37 | 499.12 | 11.3 % |
| Average Shares | 1,080.00 | 1,080.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.42 | 0.46 | 11.3 % |
| EPS (Riyal) | 0.42 | 0.46 | 11.3 % |
Net profit before minority interest reached SAR 498.97 million in H1 2026, compared to SAR 447.96 million in the corresponding period of 2025.
| Item | Q2 2025 | Q2 2026 | Change |
|---|---|---|---|
| Revenues | 852.14 | 1,179.98 | 38.5 % |
| Gross Income | 410.85 | 531.80 | 29.4 % |
| Operating Income | 353.43 | 482.88 | 36.6 % |
| Net Income | 238.64 | 239.11 | 0.2 % |
| Average Shares | 1,080.00 | 1,080.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.22 | 0.22 | 0.2 % |
| EPS (Riyal) | 0.22 | 0.22 | 0.2 % |
| Item | Q1 2026 | Q2 2026 | Change |
|---|---|---|---|
| Revenues | 1,163.29 | 1,179.98 | 1.4 % |
| Gross Income | 533.11 | 531.80 | (0.2 %) |
| Operating Income | 480.01 | 482.88 | 0.6 % |
| Net Income | 260.01 | 239.11 | (8.0 %) |
| Average Shares | 1,080.00 | 1,080.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.24 | 0.22 | (8.0 %) |
| EPS (Riyal) | 0.24 | 0.22 | (8.0 %) |
In Q2 2026, profit inched down 0.8% year-on-year (YoY) due to higher financing costs, despite stronger property sales, lower operating costs, and higher Murabaha-related non-operating income.
Sequentially, profit fell 8.8% from SAR 260 million as higher financing costs outweighed the positive impact of increased property sales, lower operating costs, and higher Murabaha-related non-operating income.
Total shareholders’ equity, excluding minority interest, reached SAR 22.27 billion by June 30, 2026, compared to SAR 21.52 billion in the year-earlier period.
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