Al Firdous Holdings reported a consolidated net loss of AED 356,038 for the fiscal year ended March 31, 2026, representing a significant downturn compared to the net profit of AED 4.31 million achieved in the previous year.
Total income for the period plummeted to just AED 647 from AED 5.11 million in 2025, reflecting a lack of operational revenue since the management's 2019 decision to close its restaurant subsidiary to mitigate losses.
The company’s balance sheet remains heavily concentrated in a long-standing receivable of AED 326.8 million from a 2009 investment portfolio sale and AED 295.7 million due from related parties, both of which are guaranteed by the Bin Zayed Group via assigned land assets.
The annual loss resulted in a loss per share of AED 0.0006 and pushed accumulated losses to AED 39.96 million, slightly eroding total shareholders' equity to AED 565.1 million.
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