Mubasher TV
Contact Us Advertising   العربية

Dar Alarkan Real Estate Development Co. announces its Annual financial results for the period ending on 2018-12-31

DAR ALARKAN 4300 -0.13% 15.08 -0.02

Element List Current Year Previous Year %Change
Sales/Revenue 6,412.26 4,734.68 35.431
Total Profit (Loss) 1,057.15 1,114.01 -5.104
Profit (Loss) Operational 888.21 952.01 -6.701
Net Profit (Loss) after Zakat and Tax 508.81 553.37 -8.052
Total Comprehensive Income 511.78 556.04 -7.959
Total Share Holders Equity (after deducting minority equity) 18,705.33 18,733.55 -0.15
Profit (Loss) per Share 0.47 0.51
All figures are in (Millions) Saudi Arabia, Riyals
Element List Explanation
Reason for increase (decrease) in net profit for current year compared to last year The decrease in net income is mainly due to the lower margin achieved on property sale. The slight increase in operating expenses, the increase in finance cost, the decrease in lease revenue and the decrease in income from associates has been offset with the increase in non-operating income received from deposits.
Type of the external auditor's opinion Unmodified opinion
External auditor's report containing reservation none
Reclassifications in annual financial results none
Additional Information none

Comments