Arkan Real Estate Announces Its Business Results for 2025
SadaNews Economy - Arkan Company has revealed its results and preliminary consolidated (unaudited) financial statements for the fiscal year 2025, reporting a profit of $17.5 million for the company's shareholders compared to a loss of $7.1 million for the fiscal year 2024.
The financial performance of the company during 2025 reflects a significant improvement in profits, primarily driven by increased distribution returns and the results of evaluating its investment portfolio, which has been the main driver of growth throughout the year. In contrast, the operational activities of the company and its subsidiaries operating in Palestine continued to face challenges imposed by the complex political and economic situations locally and regionally, without affecting the company's ability to achieve positive financial results at the overall annual level.
Commenting on the results, the Chairman of the Board, Riyad Nazzal, said: "The results of 2025 reflect the robustness of Arkan's investment approach and its ability to achieve positive financial performance despite the operational challenges and complex economic and political conditions. The returns on distributions and the positive performance of our investment portfolio were a fundamental pillar supporting profits during the year."
He added, "In parallel, Arkan continued to implement its strategic plans and invest in its existing projects, foremost among them is the Jericho Gateway project, alongside developing its business and enhancing its future readiness, while continuing to carefully study new investment projects and opportunities that align with sustainable growth priorities and enhance added value in the long term."
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 holds a strategic real estate portfolio in vital areas in Palestine, including the Jericho Gateway project, which qualifies it to execute massive quality real estate projects and invest in new cities and neighborhoods. The company also owns an investment portfolio that includes bank shares which yield annual returns that strengthen the company's financial position.
Arkan Real Estate Announces Its Business Results for 2025
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