Arkan Real Estate's Q3 2025 Results
SadaNews Economy - Arkan Real Estate has disclosed its financial results and consolidated financial statements for the end of the third quarter of 2025, showing a profit attributable to the company's shareholders of $14.9 million compared to $7.4 million for the same period in 2024, representing an increase of 101%.
The improvement in profits during this quarter was primarily driven by an increase in distribution returns and the results of the investment portfolio assessment, despite the ongoing challenges facing the company's and its subsidiaries' operational activities in Palestine due to the complex political and economic conditions locally and regionally.
The company's assets increased by 16.5%, while liabilities decreased by 22.1% compared to the end of 2024.
It is noteworthy that Arkan Real Estate started its operations in July 2022 as a public joint stock company with a capital of 131.6 million shares. Arkan owns a strategic real estate portfolio in vital areas in Palestine, including the Jericho Gateway project, which qualifies it to implement large-scale real estate projects and invest in new cities and neighborhoods. The company also has an investment portfolio that includes bank stocks, yielding annual returns that strengthen the company's financial position.
Bashar Al-Masri Visits the Palestine Stock Exchange
Housing Bank Sponsors Ramadan Academy Football Championship in Collaboration with Police S...
Arab Bank Announces Winner of BMW X1 Plug-in Hybrid in Credit Card Campaign
Reflecting its Financial Strength, National Insurance Company (NIC) Enhances Local Leaders...
Arab Bank's Community Initiatives During Ramadan Reach Over 30,000 Beneficiaries
Wafa Concludes Its Relief Programs in Ramadan This Year
National Bank and Palestinian Alimony Fund Collaborate to Provide Food Packages for Vulner...