اعلان شركة دار الأركان للتطوير العقاري عن النتائج المالية الأولية للفترة المنتهية ف

A4300 DAR ALARKAN-0.25 (-2.56 %)
1443/04/03 Mon Nov 8, 2021 08:28:30

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

Share this: Facebook TwitterLinkedIn

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

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.