The Clap Dar Al Arkan (4300) jumped by 215.5% during Q3 2022, compared to the same period in 2021.
The Deets The company attributed the increase in its profits to an increase in real estate sales.
So What The company saw increased operating and financing expenses and a decrease in other non-operating income. However, the company also recorded an increase in rental income and income generated from investment in associates.
Now What Dar Al Arkan’s net profit increased by nearly 416% YoY in the first nine months of this year.