Financial Results : Dar Alarkan profit up 11% at SAR 497M in H1 2026; SAR 237M in Q2

Dar Alarkan profit up 11% at SAR 497M in H1 2026; SAR 237M in Q2

30/07/2026 Argaam Exclusive

View other reports

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.



Financials (Million Riyal)

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.



Current Quarter Comparison (Million Riyal)

Compared With The
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 %

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.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.