Arkan's Financial Results for the First Quarter of 2026

Sada News - Arkan Real Estate has announced its financial results and consolidated financial statements for the first quarter of 2026, reporting a profit of $9.2 million for the company's shareholders compared to $13.7 million in the same period of 2025.

The results for this quarter are attributed to the continued revenue generated from cash distributions, despite a decline compared to the same period in 2025, due to delays in some cash distributions to the second quarter. Additionally, losses were recorded in the valuation of certain financial assets at fair value compared to the first quarter of 2025.

In terms of financial position, the company's assets during this quarter amounted to $557 million, while liabilities decreased by 21.2% compared to the end of 2025, reaching $17 million, reflecting the robustness of the company's financial position.

It is noteworthy that Arkan Real Estate began 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 of Palestine, including the Jericho Gateway project, which qualifies it to implement significant quality real estate projects and invest in new cities and neighborhoods. The company also has an investment portfolio that includes bank shares that generate annual returns, strengthening the company's financial position.