Like-for-like sales improvements and expansion of network sees revenue at $573.4mn and EBITDA at $121.7mn, up 17.4%
Results
Latest in Results
Abu Dhabi
Aldar delivers stellar Q1 numbers as sales jump 42% to $2.42bn
33% YoY increase in profit before tax to $599mn; net profit after tax up 22% to $520mn; Order backlog reaches $15.17bn
Abu Dhabi
First Abu Dhabi Bank powers ahead with record Q1 numbers
Total income up 11 per cent to $2.4bn as net profit rises 23% to $1.4bn and profit before tax reaches $1.67bn; Total assets cross AED1.3tn mark
EasyLease
EasyLease Q1 revenue jumps 71% to $45.3 million
Operational profit flat at $4.5mn despite decision to front-load strategic investments in its expanding subsidiary network
Elon Musk
Elon Musk to go slow on government role as Tesla profits dive 71% in Q1
The company also reported a 9% fall in revenue in Q1
Emirates NBD
Emirates NBD’s balance sheet crosses AED1 trillion after strong Q1 numbers
Profit before tax rises 56% to $2.12 billion on strong loan growth and improving deposit mix; Deposits grew by 5%; Income up 11%
Artificial intelligence
TSMC results lift gloom for semiconductors industry as Q1 profit surges 60%
The world’s biggest chipmaker’s profit reaches $11.12bn, up from $6.93bn in Q1 2024; Company also give a bullish outlook for the year
Abu Dhabi
AD Ports Group reports record $4.7bn revenue in 2024, profit surges 69%
With revenue up five-fold since 2020, AD Ports credits its global expansion, including Noatum and GFS acquisitions, for record 2024 earnings
Eshraq Investments
Eshraq board orders review of valuation of Goldilock Fund
Board believes Fund Manager failed to maintain consistency in methodology for AUM valuation, resulting in discrepancies in reported NAV
dividend payout
UAE among top 17 countries setting new dividend records in 2024
UAE-listed stocks continue to attract investors through their combination of stability and strong returns
DP World
DP World shatters all-time revenue record at $20bn in 2024
Revenue up 9.7%; Adjusted EBITDA rise 6.7% to $5.5bn; Profit dips slightly to $1.48bn on higher finance costs
D33
Dubai’s DIEZ posts 35.5% surge in 2024 net profit as revenue climbs 18.4%
DIEZ announced a 9% growth in the number of registered companies operating within its economic zones
DTC
Dubai Taxi Company’s full-year revenue for 2024 increases 12% to record $600mn
EBITDA growth of 19% to $151.9mn; Net profit up 18% to $90.2mn; Taxi fleet increases by 744 vehicles, Total trips exceed 49mn
Binghatti
Binghatti Holding delivers record revenue of $1.72bn as sales double
In a year in which the company launched 16 new projects, net profit jumps 152% to $500mn and revenue backlog triples to $2.72bn
Abu Dhabi
UAE telecom giant e& reports 4.3% rise in 2024 net profit, driven by digital growth
The telecom group recorded a 10.10% increase in consolidated revenue, reaching AED 59.20 billion from AED 54.75 billion in 2023
Abu Dhabi National Hotels
Abu Dhabi National Hotels’ 2024 net profit soars 216% to AED 1.33bn
The group’s total revenue jumped 77% year on year to AED 2.88 billion, fueled by strategic acquisitions, robust operational performance, and new business initiatives
Abu Dhabi
District cooling company Tabreed’s net profit increases by 32%
Company uses free cash to repurchase a total of $240 million of its outstanding Sukuk; Proactive debt management saves 15% in net financial costs