by bondevalue | May 24, 2021 | High Yield Bonds
Saudi property developer Dar Al Arkan saw a 130% YoY jump in Q1 profits to SAR 28.5mn ($7.6mn). The profits grew even as sales fell 6% during the period to AED 554.8mn ($148mn). The higher profits were on account of “higher margin achieved on property sale.”...
