Dar al-Arkan says Q3 net income dropped 2.9%
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Dar al-Arkan says Q3 net income dropped 2.9%

Dar al-Arkan says Q3 net income dropped 2.9%

Saudi Arabia's largest property developer, Dar al-Arkan has posted a 2.9% decline in its third-quarter net profit, missing analyst expectations, Reuters has reported. The firm made SR220.9m ($58.9m) in the three months ended September 30, compared with SR227.5m in the same period a year earlier. Analysts expected the firm to post, on average, a profit of SR243.5m.

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