Abu Dhabi National Hotels Co. Financial Results Press Release for the Period Ended March 31,2026

ADXFinancial Reports | Financial Press ReleaseApril 23, 2026View on exchange

AI Summary

Abu Dhabi National Hotels Co. (ADNH) reported Q1 2026 net profit of AED 108 million, a 31% year-on-year decrease, on total revenues of AED 863 million (down 2% YoY).
The catering segment grew revenue by 13% to AED 464 million following the acquisition of Food Nation and Compass Arabia shares, though operating profit for the division fell 15% to AED 51 million due to rising material costs.