Dar Alarkan Real Estate Development Co. 2024 Annual Results
Dar Alarkan Real Estate Development Co. (4300) reported full year 2024 revenue of SAR 3.76B, up 38.9% from SAR 2.71B in 2023. Net profit came in at SAR 788M, up 29.0% year on year. Earnings per share were SAR 0.75. The company generated SAR 814M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.
Earnings Quality
Of every SAR 1.00 in reported net profit, SAR 1.03 arrived as operating cash flow — indicating Exceptional quality earnings with a cash conversion ratio of 1.03.
Year on Year Comparison
Revenue increased by 38.9% compared to 2023. Net profit increased by 29.0%. 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: 2025-03-23.