Financial statements for the 3rd QTR of 2026

Al Firdous Holdings reported a net loss of AED 319,476 for the nine months ended December 31, 2025, a significant decline compared to a net profit of AED 4.35 million in the prior-year period.
Total income for the nine-month period plummeted to just AED 647 from AED 5.11 million a year earlier, while general and administrative expenses remained relatively stable at AED 320,123.
Auditors issued a disclaimer of conclusion citing a massive AED 326.8 million receivable that has been outstanding since 2011 and an unverified AED 289.9 million advance for property purchases, noting they could not determine if substantial provisions are required against these assets.
The group’s accumulated losses reached AED 39.9 million as of December 31, 2025; however, the financial statements were prepared on a going concern basis due to ongoing financial support from a major shareholder.