Financial statements for the 2nd QTR of 2026

TECOM Group PJSC reported a net profit of AED 804.7 million for the six-month period ended 30 June 2026, marking a 9.1% increase compared to AED 737.4 million for the same period in 2025.
Total revenue grew by 10.9% to AED 1.54 billion, up from AED 1.39 billion year-on-year, driven by strong performance across its property leasing and development portfolios in Dubai.
The Group declared dividends of AED 440 million during the first half of 2026, supported by AED 1.15 billion in net cash generated from operating activities and a strategic AED 600 million inflow from new borrowings.
Investment property assets expanded to AED 15.7 billion from AED 15.2 billion at year-end 2025, reflecting ongoing development activity, though profitability was partially offset by a 26.6% rise in general and administrative expenses to AED 107.2 million.