Thursday 28 August 2014
 
»
 
»
Story

Dar Al Arkan Q3 profit down 17pc

Riyadh, October 25, 2013

Saudi Arabia's Dar Al Arkan, the kingdom's largest property developer, said its third-quarter net profit fell by 17 per cent, in line with analysts' expectations.

The firm made SR183.3 million ($48.9 million) in the three months ending September 30, compared with SR220.9 million in the same period a year earlier, it said in a bourse statement.

Eight analysts surveyed by Reuters expected the firm to post, on average, 184.6 million riyals for the period.-Reuters




Tags: Saudi | profit | Dar Al Arkan |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads