Riyadh - Mubasher: Dar Al-Arkan Real Estate Development reported an increase of 21.36% in net profits for the third quarter of 2016.
The Saudi listed company registered SAR112.5 million (SAR30 million) net profits for Q3-2016 up from SAR92.7 million ($24.72 million) a year earlier.
As for the first nine months of 2016, the company posted net profits of SAR213.6 million with an increase of 31.21% from SAR310.5 million in the preceding year.
