Dar Al-Arkan earnings dip 38.72%
Dar Al-Arkan earnings dip 38.72%
Riyadh - Arab Today
Dar Al-Arkan, one of Saudi Arabia's largest property developers, reported a 38.7 percent fall in second-quarter net profit on Wednesday, continuing its earnings slump as it made less money from land sales.
Al-Arkan made a net profit of SR43.2 million ($11.5 million) in the three months to June 30, versus SR70.5 million in the same period a year earlier, it said in a statement.
NCB Capital forecast Al-Arkan, which had reported falling profits in six of the preceding seven quarters, would make a quarterly profit of SR57 million.
Source: Arab News
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 07:46 2017 Tuesday ,06 June
Afghan leader warns Taliban last chance for peace 'or face consequences'
GMT 08:44 2017 Saturday ,30 September
Poland tasks lawmakers with estimating German war reparations
GMT 23:05 2017 Thursday ,27 July
No smiles as Fu suffers 'heartbreaking' defeat
GMT 12:29 2018 Saturday ,13 January
Sami Gemayel tackles refugee affairs with Duma deputies
GMT 11:54 2018 Friday ,05 January
Cancer deaths decline again in US
GMT 10:08 2015 Monday ,22 June
Snacking on protein can improve diet quality
GMT 23:09 2017 Monday ,18 December
Ex-UN General Assembly head, 5 others face US bribery case
GMT 10:46 2017 Tuesday ,11 April
German investor confidence leaps in AprilGMT 16:24 2011 Thursday ,14 April
Egypt\'s controversial gas deal with Israel under review
GMT 19:20 2016 Tuesday ,08 November
Clinton and Trump race to sway undecided voters in tight fight
GMT 03:03 2017 Sunday ,11 June
May finalises cabinet amid minority government talks with DUP
GMT 13:58 2017 Friday ,17 March
Christo and Jeanne-Claude winner announced
GMT 13:58 2017 Wednesday ,04 October
Some 300,000 protest in Barcelona
GMT 18:58 2018 Wednesday ,05 September
PM to attend Defence Day event as chief guest
GMT 17:39 2017 Saturday ,25 March
China, Australia to gain more from growing, diversifying economic ties
GMT 17:13 2017 Sunday ,31 December
UAE Ambassador visits ERC mobile clinics in PakistanGMT 21:23 2011 Saturday ,14 May
SQU professor wins award in Bahrain
GMT 16:09 2014 Friday ,15 August
L'ANZA to launch Keratin Healing Oil Combing Cream
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor