Financial statements for the year of 2025

DFMDisclosureMarch 17, 2026View on exchange

AI Summary

Drake and Scull International reported a net profit of AED 47 million for the 2025 fiscal year on revenue of AED 224 million, compared to a net profit of AED 3,759 million in 2024.
Auditors issued a qualified opinion due to the inability to obtain bank and legal confirmations and insufficient evidence regarding AED 46.7 million in assets and AED 82.9 million in liabilities from discontinued operations.

A material uncertainty exists regarding the Group’s ability to continue as a going concern, as accumulated losses exceeded 50% of the share capital as of December 31, 2025.

The annual profit was primarily driven by a AED 150.7 million one-time gain from winding up a subsidiary

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Attachments

DSI FS E 16 3 2026.P