TheScreener - Dar Al Arkan Real Estate Development Co. (4300) DAR ALARKAN RLST.DEV. with less fundamental stars is reduced to Neutral

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DAR ALARKAN RLST.DEV. with less fundamental stars is reduced to Neutral

DAR ALARKAN RLST.DEV. (SA), a company active in the Real Estate Holding & Development industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date June 1, 2021, the closing price was SAR 10.42 and its expected value was estimated at SAR 10.14.

02/06/2021 6 EN

Underlying

Dar Al Arkan Real Estate Development Co.

Dar Al Arkan Real Estate Development Company SJSC. Dar Al Arkan Real Estate Development Co SJSC is a Saudi Arabia-based joint stock company engaged in the real estate sector. The Company operates in three segments: DAR Projects, DAR Investments and DAR Properties. The Company, along with its subsidiaries, is active in the business of development, sale and lease of real estate projects and related activities, including construction, maintenance, demolition and reconstruction of residential and commercial buildings. The Company's subsidiaries include Dar Al-Arkan Properties Company, Dar Al-Arkan Projects Company, Dar Al-Arkan Commercial Investment Company, Dar Al-Arkan Sukuk Company, Sukuk Al-Arkan Company, Thawabit Investment and Siyada Investment Company. The Company's projects include Al-Qasr Mall, Shams Al-Arous Project, Shams Alriyadh Project, Al Qasr Project, Al Tilal Project and Qasr Khozam.

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SA11U0S23612 Saudi Stock Exchange Saudi Arabia

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DAR ALARKAN RLST.DEV. with less fundamental stars is reduced to Neutral

Empowering Investors

Dar Alarkan: Q3 23 Company Update | Lower RE transaction to impact demand outlook

Dar Alarkan: Strong earnings growth on higher property sales

Dar Alarkan: Weak earnings on lower than expected revenues

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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