Dar Alarkan Real Estate Development Co. announces its interim Financial results for the period ending on 2019-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 823.68 | 2,793.91 | -70.518 | 846.09 | -2.648 |
| Total Profit (Loss) | 159.28 | 474.61 | -66.439 | 151.86 | 4.886 |
| Profit (Loss) Operational | 117.24 | 436.45 | -73.137 | 108.89 | 7.668 |
| Net Profit (Loss) after Zakat and Tax | 25.51 | 331.12 | -92.295 | 32.53 | -21.58 |
| Total Comprehensive Income | 25.51 | 331.12 | -92.295 | 35.51 | -28.161 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Share Holders Equity (after deducting minority equity) | 18,730.85 | 19,064.67 | -1.75 |
| Profit (Loss) per Share | 0.02 | 0.31 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Accumulated Losses | Capital | |
|---|---|---|
| 0 | 10,800,000,000 |
| Element List | Explanation |
|---|---|
| Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year | The decrease in net income is mainly due to lower property sale. The increase in operating expenses and the decrease in income from associates were fully off-set with the increase in non-operating income received from Islamic deposits. |
| Reason for increase (decrease) in net profit for current quarter compared to the previous quarter | The decrease in net income is mainly due to the lower income from associates and the decrease in non-operating income received from Islamic deposits. |
| Type of the external auditor's opinion | Unmodified opinion |
| External auditor's report containing reservation | none |
| Reclassifications in quarter financial result | none |
| Additional Information | None |
Comments