Press Release on Financial Results

Etihad Energy Holding reported a 277% surge in net profit to AED 30.7 million for the first half of 2026, up from AED 8.1 million in the same period last year. This significant bottom-line growth is attributed to the strategic transformation following the acquisition of Brooge Energy and the resilience of the Group's core storage business.
Revenue for H1 2026 reached AED 204.4 million, representing a 48% year-on-year increase, while adjusted EBITDA rose 37% to AED 142.2 million. The Group maintained a high EBITDA margin of approximately 70%, reflecting strong operational performance across its integrated energy infrastructure platform.
The Company is advancing its Phase III expansion to add 1.09 million cubic metres of storage capacity, effectively doubling its total capacity. Management is currently progressing commercial and financing discussions to secure long-term contracted revenues before the new capacity is commissioned.
A major milestone was achieved for the Etihad Refinery Project through a long-term offtake agreement with the Government of Fujairah for gasoline production. Despite the strong financial results, the Board of Directors did not recommend the distribut