Drake & Scull reported a net loss of AED 75.6 million attributable to equity holders for 2025, compared to a net profit of AED 3.75 billion in 2024.
Annual revenues increased significantly to AED 223.8 million in 2025 from AED 103.7 million in the previous year.
The company completed the liquidation of its 51%-owned subsidiary, Drake & Scull International LLC – Oman, resulting in a recognized gain of AED 150.6 million.
Basic earnings per share decreased to a loss of AED 0.026, down from earnings of AED 1.685 per share in 2024.