Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company achieved an annual growth of 24.31% in net profit to SAR 260.24 million during the first quarter (Q1) of 2026 when compared to SAR 209.34 million.
The earnings per share (EPS) rose to SAR 0.24 in Q1-26 from SAR 0.19 in Q1-25, according to the income statements.
The increase in net income during the January-March 2026 period was attributed to 24.81% higher revenue at SAR 1.16 billion compared with SAR 932.01 million in the same quarter a year earlier.
Meanwhile, the net profits in Q1-26 were 39.08% lower than SAR 427.24 million in Q4-25, while the revenue increased by 5.90% from SAR 1.09 billion.
In 2025, Dar Al Arkan generated revenue worth SAR 3.89 billion and net profits of SAR 1.13 billion.