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Back to disclosures
Emirates Stallions Group Reports 32% Increase in Operating Profit Driven By Continued Execution Across Core Business Lines in Q1 2026
ESG EMIRATES STALLIONS GROUP
·
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