Drake & Scull clarified its FY2025 preliminary results, reporting a consolidated net profit of AED 47 million and refuting media reports of a AED 75.6 million loss.
The company explained that the AED 75.6 million figure cited in media represents the net loss attributable only to parent company equity holders, excluding AED 122.7 million in results from non-controlling interests.
Annual revenues grew by over 100% to AED 223.8 million in 2025, up from AED 103.7 million recorded in 2024.
Total Group Equity increased to AED 195.4 million at the end of 2025, compared to AED 151.8 million in the previous year.