Arkan Real Estate's Results for the First Half of 2025

SadaNews - Arkan Real Estate has disclosed its financial results and consolidated financial statements for the first half of 2025, reporting a profit attributable to the company's shareholders of $15.1 million compared to $9.2 million for the same period in 2024, marking an increase of 64%.

The rise in Arkan Real Estate's profits is primarily attributed to distribution returns and the valuation of the investment portfolio, while the operational activities of the company and its subsidiaries in Palestine continue to face challenges due to prevailing political and economic conditions locally and regionally.

The company's assets increased by 12.9%, while liabilities decreased by 13.1% compared to the end of 2024, with the book value of the share reaching $3.47 at the end of the first half of this year.

It is noteworthy that Arkan Real Estate commenced operations in July 2022 as a public joint-stock company with a capital of 131.6 million shares. Arkan possesses a strategic real estate portfolio in vital areas in Palestine, including the Jericho Gate project, which qualifies it to execute substantial quality real estate projects and invest in new cities and neighborhoods. The company also has an investment portfolio that includes bank shares providing annual returns that strengthen the company's financial position.
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