Easy Lease Motorcycle Rental PJSC Financial Results Press Release for the Period Ended March 31,2026 | premargin
Easy Lease Motorcycle Rental PJSC Financial Results Press Release for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Press Release·April 29, 2026·View on exchange
AI Summary
Easy Lease reported a 98% year-on-year increase in net profit to AED 20.7 million for the first quarter ended March 31, 2026.
Total revenue rose 14% to AED 189.7 million, driven by growth in core mobility businesses and expanded logistics operations through Gallega Group Holding.
EBITDA increased 55% to AED 54.7 million, while operating profit climbed 72% to AED 28.3 million due to higher fleet utilization and cost discipline.
The company's fleet size reached over 49,000 vehicles, supporting sustained demand across delivery-linked and corporate mobility sectors.