EMSTEEL Q1 net profit jumps as margins widen
EMSTEEL reported AED 2.2 billion in Q1 2026 revenue as EBITDA rose 82% and net profit climbed 246% on wider margins for the Abu Dhabi group....
Tag : net profit
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results....
Air Arabia records 2025 profit, proposes 30 fils dividend
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results cover the year ended Dec. 31, 2025, and marked its......
ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion
Abu Dhabi Commercial Bank (ADCB) has reported a remarkable 27% surge in its net profit for Q1 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33% to AED2.851 billion, while non-interest income rose by 34% to AED1.061 billion. ADCB’s total assets rose by 13% to AED501......
Net profit at Air Arabia increased by 70 percent in 2022
As the first and largest low-cost carrier (LCC) in the Middle East and North Africa, Air Arabia (PJSC) announced historic financial results on December 31, 2022. As the airline continued to grow, the airline achieved extraordinary financial and operational performance, almost doubling profit and passenger numbers. Air Arabia reported a......
Net profit of Kia in Q3 plunged due to recall costs
A recall of engine-related services forced Kia Corp, South Korea’s second-largest automaker, to cut its third-quarter net profit by 60 percent from a year ago. South Korea News Agency (Yonhap) reported that the company’s net profit for the three months ended September fell to 458.89 billion won (US$319 million) from......