Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company achieved net profits worth SAR 1.13 billion in 2025, signaling a 40.54% increase from SAR 806.84 million in 2024.
The revenues also rose by 3.75% to SAR 3.89 billion in 2025 from SAR 3.75 billion in the previous year, according to a bourse filing.
The earnings per share (EPS) went up to SAR 1.05 in 2025 compared to SAR 0.75 in 2024.
Dar Al Arkan noted that the annual surge in both revenue and net income is mainly due to an increase in property sales.
The real estate developer further said: “The increase in finance costs was offset by the increase in lease revenue, decrease in operating expenses, increase in share of income from associates, and increase in non-operating income from Islamic Murabaha deposits and positively impacted the net income.”
In the first nine months (9M) of 2025, Dar Al Arkan registered net profits worth SAR 703.57 million and revenue of SAR 2.80 billion.
Earlier in 2026, the real estate developer announced it fully redeemed $400 million Sukuk, in an offering where HSBC Bank served as the paying agent and Sukuk holders' agent
