Last SR8.85 SAR
Change Today -0.02 / -0.23%
Volume 65.8M
ALARKAN On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 8:30 AM 12/22/14 All times are local (Market data is delayed by at least 15 minutes).

dar al arkan real estate dev (ALARKAN) Snapshot

Open
SR8.95
Previous Close
SR8.87
Day High
SR9.10
Day Low
SR8.60
52 Week High
08/27/14 - SR16.15
52 Week Low
12/17/14 - SR6.80
Market Cap
9.6B
Average Volume 10 Days
37.9M
EPS TTM
SR0.57
Shares Outstanding
1.1B
EX-Date
06/26/10
P/E TM
15.5x
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, is engaged in the development, sale, and lease of real estate projects in Saudi Arabia. It is also involved in the construction, maintenance, demolition, and reconstruction of residential and commercial buildings. In addition, the company provides management, operation, and maintenance services for residential and commercial buildings, as well as public facilities. Further, it is engaged in the purchase and acquisition, and lease 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

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Executives, Board Directors

dar al arkan real estate dev (ALARKAN) Key Developments

Dar Al Arkan Real Estate Development Co. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 2014

Dar Al Arkan Real Estate Development Co. reported unaudited consolidated earnings results for the third quarter and nine months ended September 2014. For the quarter, the company halved its net profit to nearly SAR 90 million (USD 23.96 million/EUR 18.87 million)from SAR 183 million for the corresponding three months of 2013. The downward change was attributed, among other factors, to decreased non-operating income and higher financing, consultancy and staff remuneration costs. Operating profit fell 16.65% to about SAR 215 million. Revenues were SAR 751,014,000 against SAR 721,559,000 a year ago. Income from operating activities was SAR 214,783,000 against SAR 257,674,000 a year ago. Income before tax was SAR 92,494,000 against SAR 188,324,000 a year ago. For nine months, the company registered a 12.5% annual decrease in its net profit to SAR 459 million. Earnings per share (EPS) came in at SAR 0.43, down from SAR 0.49. Operating profit grew almost 4% to nearly SAR 780 million. Revenues were SAR 2,449,313,000 against SAR 2,238,241,000 a year ago. Income from operating activities was SAR 779,284,000 against SAR 749,620,000 a year ago. Income before tax was SAR 471,418,000 against SAR 538,230,000 a year ago. Net cash used in operating activities was SAR 123,817,000 against net cash generated from operating activities of SAR 513,688,000 a year ago. Purchase of property and equipment was SAR 405,000 against SAR 470,000 a year ago. Investment properties were SAR 886,435,000 against SAR 3,619,000 a year ago.

Dar Al Arkan Real Estate Development Company to Invest USD 267 million on Projects in 2015

Dar Al Arkan Real Estate Development Company announced it is planning to spend over USD 267 million on projects next year as part of its plan to achieve a 10% growth in its business in 2015. These projects will help the Kingdom in dealing with the strong demand of housing in the country as a result of the rapid growth in population as well as the slow progress in government's building programs.

Dar Al Arkan Real Estate Development Company Presents at MENA & Frontier Markets Conference 2014, Nov-16-2014

Dar Al Arkan Real Estate Development Company Presents at MENA & Frontier Markets Conference 2014, Nov-16-2014 . Venue: Riyadh, Saudi Arabia.

 

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ALARKAN

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Valuation ALARKAN Industry Range
Price/Earnings 15.5x
Price/Sales 3.2x
Price/Book 0.5x
Price/Cash Flow 15.4x
TEV/Sales NM Not Meaningful
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