Amlak Finance reported a net profit of AED 1.47 billion for the 2025 fiscal year, a significant increase from AED 12 million in 2024, allowing the company to fully offset accumulated losses and record retained earnings for the first time in 15 years.
Total income surged to AED 3.12 billion compared to AED 233 million in the previous year, primarily driven by the AED 2.9 billion sale of the Ras Al Khor land bank which generated a one-time gain of AED 2.14 billion.
The company successfully exited its debt restructuring Common Terms Agreement (CTA) by settling AED 989 million in financial obligations, a move that released all previous pledges and mortgages and enhanced overall financial flexibility.
Management improved operational efficiency by reducing operating costs by 9% to AED 92 million while completing strategic divestments of its Egyptian subsidiary and Saudi Arabian associate to streamline the balance sheet.
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