Fujairah Building Industries P.S.C Board of Directors Report for the Period Ended March 31,2026 | premargin
Fujairah Building Industries P.S.C Board of Directors Report for the Period Ended March 31,2026
·ADX·Financial Reports | Board of Directors Report / Management Report·May 7, 2026·View on exchange
AI Summary
Fujairah Building Industries reported a 59.2% increase in net profit for the first quarter ended March 31, 2026, reaching AED 17.13 million compared to AED 10.76 million in the same period of 2025.
Revenue grew 8.4% year-over-year to AED 67.69 million, while gross profit margins improved to 44.72% from 38.35% in the previous year.
A cash dividend of AED 40.8 million, representing 30% of share capital (30 Fils per share), was approved by the General Assembly on April 7, 2026.
Management assessed regional geopolitical tensions arising in February 2026 and concluded there were no significant implications for the Group’s operations or financial status as of the reporting date.
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