4326 · 11/03/2026 09:12:50 · Announcement #93608 · View on Saudi Exchange

Dar Al Majed Real Estate Co. announces its Annual Financial results for the period ending on 2025-12-31

Element ListCurrent YearPrevious Year%Change
Sales/Revenue 1,223,878,7941,402,306,680-12.72
Gross Profit (Loss) 440,067,969356,959,33023.28
Operational Profit (Loss) 341,261,317267,191,50827.72
Net Profit (Loss) Attributable to Shareholders of the Issuer 261,922,760213,554,44022.65
Total Comprehensive Income Attributable to Shareholders of the Issuer 211,275,490304,552,578-30.63
Total Shareholders Equity (after Deducting Minority Equity) 1,087,569,315876,293,82524.11
Profit (Loss) per Share 0.870.71
All figures are in (Actual) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value 53,118,14217.71
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year Total revenue for the year decreased by 12.7% YoY to SAR 1,223.9 million compared to SAR 1,402.3 million in the previous year, despite a 29% year-on-year (YoY) increase in the number of units sold due to higher contribution from off-plan sales, under which revenue is recognized based on the percentage of project completion.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The Company recorded net profit of SAR 261.9 million for the year, representing an increase of SAR 48.4 million, or 22.6% YoY, compared to the previous year. This increase was mainly driven by the following:

• Profit from the sale of lands increased by 39.5% YoY

• Rental profit increased by 56.6% YoY.

• Other income increased by 42.2% YoY.

• Al Majdiah recorded a SAR 53.1 million gain from investment properties valuation compared to a loss of SAR 0.1 million during the previous year. Statement of the type of external auditor's report Unmodified opinion Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NA Reclassification of Comparison Items Certain comparative figures have been reclassified to conform with the presentation in the current period. Additional Information - Attached Documents  

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