Dar Al Majed Real Estate Co.

Dar Al Majed Real Estate Co. is a Saudi Arabian real estate development company listed on the Saudi Exchange under ticker 4326. The company primarily engages in the development, sale, and leasing of residential and commercial properties. It focuses on creating integrated communities and high-quality real estate projects within the Kingdom of Saudi Arabia.

The company generates revenue through two main streams: property sales and rental income. Property sales include the sale of residential units, villas, and commercial spaces, while rental income comes from leasing completed properties. The recent sharp decline in revenue (-47.37% YoY) suggests a shift in project completions or sales timing, yet earnings grew 20.62% YoY, indicating improved margins or cost control.

Dar Al Majed operates in the Real Estate - Development sector, a competitive industry in Saudi Arabia driven by Vision 2030 initiatives such as housing programs and mega-projects. The company holds a moderate market position with a market cap of 2.25B SAR. Its gross margin of 35.96% and operating margin of 27.88% are relatively healthy, though the high debt-to-equity ratio (Debt 1.33B SAR vs. Cash 81.07M SAR) indicates leverage.

The company's target audience includes individual homebuyers, investors seeking rental properties, and commercial tenants. Its primary geographic market is Saudi Arabia, with a focus on major cities like Riyadh, Jeddah, and Dammam. The customer base is likely domestic, benefiting from government housing support and population growth.

An auto-generated descriptive profile based on company data, for informational purposes only.