Dar Al Arkan Real Estate Development Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 12:11 am EST
Dar Al Arkan Real Estate Development Company reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was SAR 595.41 million compared to SAR 391.24 million a year ago. Net income was SAR 25.17 million compared to net loss of SAR 18.59 million a year ago. Basic earnings per share from continuing operations was SAR 0.02 compared to basic loss per share from continuing operations of SAR 0.02 a year ago.
For the nine months, sales was SAR 1,718.01 million compared to SAR 1,448.6 million a year ago. Net income was SAR 76.13 million compared to SAR 4.19 million a year ago. Basic earnings per share from continuing operations was SAR 0.07.