Dar Al Arkan Real Estate Development Company reported earnings results for the fourth quarter and full year ended December 31, 2015. The company has reported that net profit for the fourth quarter ended December 31, 2015 was SAR 48.7 million, compared to SAR 115.6 million for the same quarter ended December 31, 2014. Operational profit for the fourth quarter ended December 31, 2015 was SAR 136.5 million, compared to SAR 240.6 million for the same quarter ended December 31, 2014.

The company net profit for the year ended December 31, 2015 was SAR 359.2 million, or SAR 0.33 per share, compared to SAR 574.7 million, or SAR 0.53 per share, for the year ended December 31, 2014. Operational profit for the year ended December 31, 2015 was SAR 739.4 million, compared to SAR 1.02 billion for the year ended December 31, 2014.