Emirates Reem Investments reported a net loss of AED 5.52 million for the three-month period ended March 31, 2026, a significant reversal from the AED 235,344 profit recorded in the same period of 2025.
Net revenue grew substantially to AED 72.69 million compared to AED 38.03 million in the prior year, though this was offset by a sharp increase in the cost of sales, which more than doubled to AED 62.34 million.

The loss was primarily driven by a AED 5.78 million fair value loss on financial assets classified at fair value through profit and loss (FVTPL) and rising operating expenses that resulted in an operating loss of AED 387,639.

Independent auditors included an "emphasis of matter" regarding a long-outstanding, unsecured related party receivable of AED 58.3 million, noting a potential risk that the balance may not be fully recoverable as it lacks formal repayment terms.

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Attachments

FS English ERC Q1 2026.Pdf

Emirates Reem Investments