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Last SR9.46 SAR
Change Today -0.03 / -0.32%
Volume 28.4M
ALARKAN On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 9:30 AM 05/21/15 All times are local (Market data is delayed by at least 15 minutes).

dar al arkan real estate dev (ALARKAN) Snapshot

Open
SR9.50
Previous Close
SR9.49
Day High
SR9.50
Day Low
SR9.35
52 Week High
08/27/14 - SR16.15
52 Week Low
12/17/14 - SR6.80
Market Cap
10.2B
Average Volume 10 Days
31.1M
EPS TTM
SR0.43
Shares Outstanding
1.1B
EX-Date
06/26/10
P/E TM
22.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for DAR AL ARKAN REAL ESTATE DEV (ALARKAN)

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dar al arkan real estate dev (ALARKAN) Details

Dar Al Arkan Real Estate Development Company, together with its subsidiaries, engages in the development, sale, and lease of real estate projects and associated activities in Saudi Arabia. It is involved in the construction, maintenance, demolition, and reconstruction of residential and commercial buildings. The company also provides management, operation, and maintenance services for residential and commercial buildings, and public facilities. In addition, it is involved in the purchase and acquisition of real estate investments; and purchase of land and general contracting activities. The company was founded in 1994 and is headquartered in Riyadh, Saudi Arabia.

Founded in 1994

dar al arkan real estate dev (ALARKAN) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

dar al arkan real estate dev (ALARKAN) Key Developments

Dar Al-Arkan Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Dar Al-Arkan announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company reported a 40.6% fall in first-quarter net profit broadly in line with analysts' forecasts. Arkan made a net profit of SAR 147.291 million in the three months to March 31 down from SAR 247.857 million in the same period a year earlier. The company attributed the fall in net profit to lower property sales revenue a rise in operating expenses and lower non-operating income. Revenues from operations were SAR 722,357,000 compared to SAR 924,089,000 a year ago. Income for the period from operating activities was SAR 258,043,000 or SAR 0.24 per share compared to SAR 340,096,000 or SAR 0.31 per share a year ago. Income for the period before Zakat was SAR 151,087,000 compared to SAR 255,135,000 a year ago. Net income per share is SAR 0.14 compared to SAR 0.23 a year ago. Net cash generated from operating activities was SAR 116,260,000 compared to net cash used in operating activities of SAR 107,920,000 a year ago. Purchase of property and equipment was SAR 212,000 compared to SAR 101,000 a year ago.

Dar Al Arkan Real Estate Development Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Dar Al Arkan Real Estate Development Company reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net profit of SAR 115.6 million against SAR 156.8 million for the same period in the last year. Operational profit was SAR 240.6 million against SAR 220.8 million for the same period in the last year. The decrease in net income is mainly due to the lower non-operating income due to the ineffective SWAP valuation compared with a positive effect booked in fourth quarter of 2013, this in addition to the increase in operating expenses and finance charges. For the year, the company reported net profit of SAR 574.7 million or SAR 0.53 per share against SAR 681.5 million or SAR 0.63 per share for the same period in the last year. Operational profit was SAR 1,019.9 million or SAR 0.53 per share against SAR 970.4 million or SAR 0.63 per share for the same period in the last year. The decrease in net income is mainly due to the increase in operating expenses and finance charges, which was partially offset by increase in properties sales and higher gross margins achieved attributable to the product mix, increase in leasing revenues, lower Zakat provisions, increase in non-operating income generated from higher deposit income and higher profit share from investment in associates. Net cash generated from operating activities was SAR 332,682,000 against SAR 1,005,087,000 a year ago. Purchase of property and equipment was SAR 600,000 against SAR 707,000 a year ago. Adjusted net income was SAR 592,222,000 compared to SAR 701,123,000 a year ago.

Dar Al Arkan Real Estate Development Company Presents at HSBC Saudi Arabia and Frontier Markets Equity Forum 2015 - Riyadh, Feb-09-2015

Dar Al Arkan Real Estate Development Company Presents at HSBC Saudi Arabia and Frontier Markets Equity Forum 2015 - Riyadh, Feb-09-2015 . Venue: Four Seasons Hotel, Riyadh, Saudi Arabia. Speakers: Mika Toivola, Chief Financial Officer, Sayed Algohary, Investor Relations Manager.

 

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ALARKAN

Industry Average

Valuation ALARKAN Industry Range
Price/Earnings 21.5x
Price/Sales 3.6x
Price/Book 0.6x
Price/Cash Flow 21.4x
TEV/Sales 1.1x
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