- Dar Al Arkan’s first-quarter profit increased by 36% compared to the previous year, reaching 209.3 million riyals.
- The company’s revenue rose to 932.0 million riyals, marking a 7.8% increase year-over-year.
- Operating profit for the quarter was 337.6 million riyals, showing an 11% growth from last year.
- Earnings per share (EPS) improved to 0.19 riyals, up from 0.14 riyals in the previous year.
- The company credits the higher profit to an increase in property sales.
- Analyst recommendations for Dar Al Arkan stock include 0 buys, 3 holds, and 1 sell.
A look at Dar Al Arkan Real Estate Devel Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Dar Al Arkan Real Estate Development Company is a property development company known for its strong long-term outlook. According to Smartkarma Smart Scores, the company scores high in areas such as Value, Growth, Resilience, and Momentum, indicating a positive overall outlook for investors. The company’s focus on value and growth potential, coupled with its ability to weather market fluctuations and maintain positive momentum, positions it well for future success.
With a high score in Value and Growth, Dar Al Arkan Real Estate Devel shows promising signs of being undervalued while having significant potential for expansion. Its resilience in the face of economic challenges and strong momentum in the market further bolster its outlook. While the Dividend score may be lower, the company’s overall performance across other key factors suggests a bright future ahead for this property development company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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