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Dar Alarkan Real Estate Development Co. 2022 Annual Results

Revenue
SAR 2.47B
Net Profit
SAR 444M

Dar Alarkan Real Estate Development Co. (4300) reported full year 2022 revenue of SAR 2.47B, up 54.6% from SAR 1.60B in 2021. Net profit came in at SAR 444M, up 233.1% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20222021
RevenueSAR 2.47BSAR 1.60B
Net ProfitSAR 444MSAR 133M
Gross ProfitSAR 1.46BSAR 897M
Net Margin18.0%8.4%
ROE2.3%0.7%
Total AssetsSAR 33.51BSAR 31.96B
Total EquitySAR 19.60BSAR 19.16B

Year on Year Comparison

Revenue increased by 54.6% compared to 2021. Net profit increased by 233.1%. Both revenue and profit grew — indicating expanding business.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-03-29.