DAR ALARKAN
4300
-0.13%
15.08
-0.02
4300
Riyadh-Mubasher: Saudi Arabia’s property developer Dar Al Arkan posted a 40.6% decline in Q1-15 net profits to SAR 147.3 million, compared with SAR 247.9 million in the same period a year earlier.
The profit slide year-over-year was ascribed to lower revenues from property sales, in addition to higher operating costs.
Source:
Mubasher