Dar Al Arkan Real Estate Development Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 715.7 million compared to SAR 742.54 million a year ago. Net income was SAR 151.91 million compared to SAR 79.42 million a year ago. Basic earnings per share from continuing operations was SAR 0.14 compared to SAR 0.07 a year ago.
For the nine months, sales was SAR 2,306.25 million compared to SAR 3,039.83 million a year ago. Net income was SAR 416.01 million compared to SAR 393.01 million a year ago. Basic earnings per share from continuing operations was SAR 0.39 compared to SAR 0.36 a year ago.