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Dar Alarkan Real Estate Development Co. announces its Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )

DAR ALARKAN 4300 -8.36% 13.82 -1.26
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 595.41 391.24 52.185 567.76 4.87
Gross Profit (Loss) 216.52 161.64 33.951 207.73 4.231
Operational Profit (Loss) 158.2 119.34 32.562 162.86 -2.861
Net Profit (Loss) after Zakat and Tax 25.17 -18.59 - 22.44 12.165
Total Comprehensive Income 25.17 -18.59 - 22.44 12.165
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 1,718.01 1,448.6 18.597
Gross Profit (Loss) 628.79 477.72 31.623
Operational Profit (Loss) 488.23 353.66 38.05
Net Profit (Loss) after Zakat and Tax 76.13 4.19 1,716.945
Total Comprehensive Income 76.13 4.19 1,716.945
Total Share Holders Equity (after Deducting Minority Equity) 19,102.31 19,013.68 0.466
Profit (Loss) per Share 0.07 0.004
All figures are in (Millions) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The increase in net income is mainly due to higher property sale. The increase in operating expenses, decrease in lease revenue and the lower non-operating income from Islamic Murabaha deposit were fully off-set with the decrease in finance cost and the increase in share of income from associates and further impacted the net income.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The increase in net income is mainly due to higher property sale. The increase in operating expenses were fully off-set with the decrease in finance cost and the increase in share of income from associates and further impacted the net income.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The increase in net income is mainly due to higher property sale. The decrease in lease revenue, increase in operating cost and the lower non-operating income from Islamic Murabaha deposit were fully off-set with increase in share of income from associates and further impacted the net income.
Statement of the type of external auditor's report Unmodified conclusion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion None
Reclassification of Comparison Items None
Additional Information None

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