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Dar Al Arakan reports Q2 sales of 238.7M Riyals
Dar Al-Arkan Real Estate Development Company achieved a net profit of 238.74 million Riyals in the second quarter of 2026, representing a slight increase of 0.05% compared to the same quarter last year. This was due to higher real estate sales offset by increased financing expenses, while quarterly revenues rose by 38.47% to reach 1.18 billion Riyals. For the first half of 2026, the company's profits increased by 11.39% to 498.97 million Riyals, supported by a 31.34% rise in sales to 2.34 billion Riyals. Despite the annual profit growth, the second quarter's profits declined by 8.26% compared to the previous quarter.
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