Dar Al Arkan Real Estate Development Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SAR 742.54 million compared to SAR 595.41 million a year ago. Net income was SAR 79.42 million compared to SAR 25.17 million a year ago. Basic earnings per share from continuing operations was SAR 0.07 compared to SAR 0.02 a year ago.
For the nine months, sales was SAR 3,039.83 million compared to SAR 1,718.01 million a year ago. Net income was SAR 393.01 million compared to SAR 76.13 million a year ago. Basic earnings per share from continuing operations was SAR 0.36 compared to SAR 0.07 a year ago.