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Thndr Claps » Saudi Claps » Tadawul 🔔 » Dar Al-Arkan’s profits jump in Q2-2022💪

Dar Al-Arkan’s profits jump in Q2-2022💪

by Shams Abbas
August 27, 2022
دار الأركان للتطوير العقاري، تداول، كلابس

The Clap
Dar Al Arkan (4300) saw its net profits increase by 312.6% YoY in Q2-2022.

The Deets
Profits recorded 92.58 million riyals after zakat and tax, primarily due to increased real estate sales.

H1-2022
Dar Al-Arkan’s net profits jumped during the first half by 515.4%, after it recorded 50.96 million riyals in H1-2021.

More on Dar Al-Arkan
It is one of the most prominent Saudi real estate developers.

The company specializes in the purchase and ownership of land, as well as the construction of commercial and residential buildings.

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