National Corporation for Tourism & Hotels Financial Results for the Period Ended March 31,2026

Revenue for the three-month period ended March 31, 2026, increased 8.4% year-over-year to AED 615.87 million, while net profit decreased to AED 96.56 million from AED 180.74 million in Q1 2025.
The decrease in net profit was primarily driven by the absence of a non-recurring AED 97.01 million "gain on bargain purchase" recognized in the prior year's period, despite an 8.0% increase in gross profit to AED 250.93 million.
Top revenue contributors by segment included Hotels at AED 306.49 million, Facility Management at AED 161.31 million, and Catering Services at AED 126.26 million.
Basic and diluted earnings per share (EPS) declined to AED 0.04 from AED 0.08 in