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Emirates Stallions Group Reports 32% Increase in Operating Profit Driven By Continued Execution Across Core Business Lines in Q1 2026 | premargin
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Emirates Stallions Group Reports 32% Increase in Operating Profit Driven By Continued Execution Across Core Business Lines in Q1 2026
·
AE
ADX
·
General Disclosure | General Press Release
·
April 29, 2026
·
View on exchange
AI Summary
Emirates Stallions Group (ESG) reported a 32% year-on-year increase in operating profit to AED 79 million for the first quarter ended March 31, 2026.
Revenue grew 11% to AED 370 million, supported by performance in real estate development and manpower services through Sawaeed Holding.
Net profit for the period increased 29% to AED 68.6 million, and total assets rose to AED 4.8 billion, a 10% increase from year-end 2025.
The group achieved a full sell-out of its AED 1 billion Rotana Residences development on Al Reem Island ahead of its official launch.
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Emirates Stallions Group Reports 32% Increase in Operating Profit Driven By Continued Execution Across Core Business Lines in Q1 2026
ESG EMIRATES STALLIONS GROUP
Qatar Index
10,634.87
+0.1%
DFM Index
5,867.44
+0.2%
TASI
11,194.51
+0.1%
Emirates NBD
30.04
+1.0%
Dubai Electricity & Water Authority
2.67
-0.4%
EMAAR
12.42
-0.8%
EMAARDEV
15.18
+0.4%
ADNOC GAS
3.31
+3.1%
First Abu Dhabi Bank
18.36
+0.9%
Emirates Telecom
19.14
+0.6%
Abu Dhabi Commercial Bank
13.96
+0.4%
ALRAJHI
69.40
+0.4%
MAADEN
65.60
-1.0%
SNB
39.70
-0.4%
SABIC
60.90
+0.1%
Boubyan Bank
0.68
+0.3%
GULF BANK
0.34
+1.2%
Commercial Bank Of Kuwait
0.50
+1.4%
Al-ahli Bank Of Kuwait
0.28
0.0%
QNB
17.43
-0.5%
Industries Qatar
12.25
+0.3%
Qatar Islamic Bank
22.54
0.0%
Ooredoo
13.73
+1.1%
Qatar Index
10,634.87
+0.1%
DFM Index
5,867.44
+0.2%
TASI
11,194.51
+0.1%
Emirates NBD
30.04
+1.0%
Dubai Electricity & Water Authority
2.67
-0.4%
EMAAR
12.42
-0.8%
EMAARDEV
15.18
+0.4%
ADNOC GAS
3.31
+3.1%
First Abu Dhabi Bank
18.36
+0.9%
Emirates Telecom
19.14
+0.6%
Abu Dhabi Commercial Bank
13.96
+0.4%
ALRAJHI
69.40
+0.4%
MAADEN
65.60
-1.0%
SNB
39.70
-0.4%
SABIC
60.90
+0.1%
Boubyan Bank
0.68
+0.3%
GULF BANK
0.34
+1.2%
Commercial Bank Of Kuwait
0.50
+1.4%
Al-ahli Bank Of Kuwait
0.28
0.0%
QNB
17.43
-0.5%
Industries Qatar
12.25
+0.3%
Qatar Islamic Bank
22.54
0.0%
Ooredoo
13.73
+1.1%