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Dar Al-Arkan announces its estimated interim financial results for the period ended December 31, 2012 (twelve months).
2013-01-08 (1434-02-26 )      09:02:38
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Dar Al-Arkan Real Estate Development Company announces its Estimated interim financial results for the period ending 31st December 2012 ( Twelve months).

1. The Estimated net income for the fourth quarter ended December 31, 2012 was SAR 144 million, compared to SAR 289.6 million for the corresponding quarter in 2011, a reduction of 50.3% and compared to SAR 220.9 million for the third quarter of 2012, a reduction of 34.8%.
2. The Estimated gross profit for the fourth quarter ended December 31, 2012 was SAR 308.8 million compared to SAR 344 million for the corresponding quarter in 2011, a reduction of 10.2%.
3. The Estimated operational profit for the fourth quarter ended December 31, 2012 was SAR 242 million compared to SAR 315.2 million for the corresponding quarter in 2011, a reduction of 23.2%.
4. The Estimated net income for the twelve month period ended December 31, 2012 was SAR 988.5 million, compared to SAR 1,087.9 million for the same period in 2011, a reduction of 9.1%.
5. The Estimated earnings per share for the twelve month period ended December 31, 2012 were SAR 0.92, compared to SAR 1.01 for the same period in 2011.
6. The Estimated gross profit for the twelve month period ended December 31, 2012 was SAR 1,393.7 million compared to SAR 1,369 million for the same period in 2011, an increase of 1.8%.
7. The Estimated operational profit for the twelve month period ended December 31, 2012 was SAR 1,184.4 million compared to SAR 1,250.4 million for the same period in 2011, a reduction of 5.3%. Cont...

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