Fujairah Building Industries P.S.C Financial Results for the Period Ended March 31,2026 | premargin
Fujairah Building Industries P.S.C Financial Results for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Report·May 7, 2026·View on exchange
AI Summary
Fujairah Building Industries reported a 59.2% year-on-year increase in net profit to AED 17.13 million for the first quarter of 2026, with basic and diluted earnings per share rising to AED 0.13 from AED 0.08.
Revenue grew 8.4% to AED 67.69 million compared to AED 62.43 million in Q1 2025, supported by an improved gross profit margin of 44.72% against 38.35% in the prior-year period.
The company's general assembly approved a cash dividend of AED 40.8 million for the 2025 financial year, representing 30% of share capital or 30 fils per share, which was paid in April 2026.
Shareholders approved a plan on April 7, 2026, to liquidate the subsidiary Emirates Ceramic Factory (ECF), which has been classified as a discontinued operation since 2015.
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