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FINANCIAL NEWS
Saudi Dar Al Arkan reports USD28m profit in Q2
19 Jul 2013
(MENAFN) Saudi developer Dar Al Arkan Real Estate Development Co reported a 68.7 percent decline in quarterly earnings on lower property sales, Reuters reported.
The company said it made USD27.7 million net profit during the second quarter, down from USD88.24 million a year earlier.
The property sales decline followed a boost in the second quarter of 2012 from the sale of a land parcel to Saudi Basic Industries Corp, Dar Al Arkan said.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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