Aldar Properties PJSC Financial Results Press Release for the Period Ended March 31,2026 | premargin
Aldar Properties PJSC Financial Results Press Release for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Press Release·April 28, 2026·View on exchange
AI Summary
Aldar Properties reported a 20% year-on-year increase in Q1 2026 net profit to AED 2.3 billion, driven by a 12% rise in revenue to AED 8.7 billion and resilient earnings from its investment portfolio.
Group development revenue backlog reached a record AED 72.1 billion, providing three-year visibility for revenue recognition, while project management services backlog stood at AED 91.6 billion.
Total quarterly group sales reached AED 6.7 billion, with international and expatriate buyers representing 88% of the AED 5.9 billion in UAE-based sales.
The company maintained a strong liquidity position of AED 33.2 billion as of March 31, 2026, and distributed a 2025 dividend of AED 0.205 per share (AED
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