SNG: Alpha Dhabi Holding posts $544mln profits in Q1-25

About this update from Alpha Dhabi Holding Pjsc

First published: 05-May-2025 11:22:47Staff WriterAbu Dhabi – Alpha Dhabi Holding generated AED 2.09 billion in net profit during the first quarter (Q1) of 2025, compared to AED 4.59 billionBasic and diluted earnings per share (EPS) plummeted to AED 0.04 in Q1-25 from AED 0.33 in Q1-24, according to the consolidated financial results.The group posted revenues amounting to AED 17.42 billion as of 31 March 2025, higher by 23% than AED 14.19 billion in the first three months (3M) of 2024.Mohamed Thani Murshed Ghannam Al Rumaith, Chairman of Alpha Dhabi Holding, said: “Alpha Dhabi began 2025 on a strong footing, building on a year of transformation and guided by a clear strategy for delivering future growth.”Hamad Al Ameri, Managing Director and Group CEO of Alpha Dhabi Holding, commented: “By focusing on opportunities created by growing economies and populations, technological disruption and sustainable business models, we have built a balanced portfolio of exceptional assets.”As of 31 December 2024, the company’s net profits after tax increased to AED 13.51 billion from AED 13.28 billion in 2023.Source: MubasherAll Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).MubasherDisclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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