The company’s business results showed excellent financial performance after recording net profits of 11.1 billion dirhams (about 3.02 billion dollars), a decrease of 4 percent year-on-year.
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Net operating profit reached 7.5 billion dirhams, with a remarkable growth rate of 83 percent, compared to the same period last year, in a clear indication of the continued momentum of activities and businesses that the group has begun to implement across the main sectors.
These strong results of the group reflect the careful implementation of its strategic plans across key sectors, its firm commitment to achieving valuable additional benefits for shareholders, and the strategic acquisitions and worthwhile investments made since 2022.
Alpha Dhabi achieved total revenues of 44.2 billion dirhams (about 12.03 billion dollars), an increase of 36 percent year-on-year. The industrial sector contributed 18.5 billion dollars, real estate contributed 13.2 billion dirhams, construction contributed 7.6 billion dirhams, and services and others contributed 4.9 billion dirhams. .
The group also strengthened its balance sheet with total assets amounting to 170.4 billion dirhams, an increase of 21 percent year-on-year, while the company’s cash balance reached 23.9 billion dirhams, and the total property rights amounted to 93 billion dirhams, which confirms the strong and stable financial position of the group and its great ability to adapt to all… Circumstances.
