Integrated report for the year 2026

Al Firdous Holdings reported a net loss of AED 356,038 for the fiscal year ended March 31, 2026, reversing a profit of AED 4.31 million from the previous year.
External auditors issued a disclaimer of opinion due to insufficient evidence regarding the recoverability of AED 326.8 million in receivables outstanding since 2011 and an AED 289.9 million advance for property purchases made through a related party.
The Group’s accumulated losses reached AED 39.96 million as of March 31, 2026, though the board continues to prepare financial statements on a going concern basis citing support from a major shareholder.
Total assets of AED 622.6 million are almost entirely comprised of the long-outstanding investment portfolio receivables and related party advances that were the subject of the auditor's disclaimer.