Alpha Dhabi Holding reported a substantial increase in net profit for Q1, driven by strategic investments and ongoing expansion into high-growth sectors.
Net profit reached Dh 3.8B ($1B), reflecting an 81% rise YoY while revenue grew by 8% annually to Dh 19B (Abu Dhabi Securities Exchange).
The firm’s performance was bolstered by contributions across various divisions, with real estate generating Dh 7.4B, industrial operations Dh 6.6B, construction Dh 2.7B, and services and others accounting for Dh 2B.
Total assets reached Dh 226B, complemented by total equity of Dh 105B, buoyed by acquisitions and geographic expansion.
Mohamed Thani Murshed Ghannam Al Rumaithi, Chairman of Alpha Dhabi Holding emphasised the “strong momentum, reflecting the resilience of our business model, and the disciplined execution of our long-term strategy.
In April, Alpha Dhabi announced a dividend allocation of Dh 2B for 2025, alongside a three-year dividend strategy that entails an annual payment of Dh 2B, with a planned annual increase of 5% starting in 2025.
International Holding Company, chaired by national security adviser HH Sheikh Tahnoon bin Zayed Al Nahyan, holds a 58% stake in Alpha Dhabi (ADX).
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