Emirates

Kuwait Emirates Holding Company K.S.C.P

EMIRATESStocksBoursa KuwaitReal Estate

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	275.47K	261.24K	298.69K	242.80K	208.30K
Gross Profit	275.47K	261.24K	298.69K	242.80K	208.30K
SG&A	141.74K	134.76K	159.87K	150.75K	183.23K
Operating Expenses	146.63K	146.96K	178.92K	151.71K	209.72K
Operating Income	128.84K	114.28K	119.78K	91.09K	-1.42K
Pretax Income	316.24K	830.78K	740.85K	93.39K	996.95K
Income Tax	0.17K	—	4.96K	—	10.60K
Net Income	0.19M	0.48M	1.33M	0.03M	1.02M
EBITDA	—	—	119.92K	91.23K	-0.16K
EBIT	128.84K	114.28K	119.78K	91.09K	-1.42K
EPS (Basic)	0.00	0.00	0.01	0.00	0.01
EPS (Diluted)	0.00	0.00	0.01	0.00	0.01
Margins & Efficiency
Gross Margin %	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	—	—	+40.1%	+37.6%	-0.1%
Net Margin %	+68.8%	+184.9%	+446.5%	+14.1%	+490.2%
Revenue & Income
Revenue	275.47K	261.24K	298.69K	242.80K	208.30K
Revenue as Reported	0.46M	0.98M	0.92M	0.25M	1.17M
Revenue Growth (YoY)	+5.4%	-12.5%	+23.0%	+16.6%	+24.1%
Operating Revenue	273.40K	259.02K	296.55K	216.46K	192.10K
Other Revenue	2.07K	2.22K	2.15K	26.34K	16.20K
Gain (Loss) on Sale of Assets	—	—	—	—	956.78K
Currency Exchange Gain (Loss)	-0.38M	0.14M	-4.42M	0.00M	0.04M
Expenses & Provisions
Selling, General & Admin	141.74K	134.76K	159.87K	150.75K	183.23K
Operating Expenses	146.63K	146.96K	178.92K	151.71K	209.72K
Other Operating Expenses	4.89K	12.20K	19.05K	0.96K	26.49K
Asset Writedown	0.57M	0.58M	5.04M	—	—
D&A For EBITDA	—	—	0.14K	0.14K	1.26K
Profitability & Returns
Gross Profit	275.47K	261.24K	298.69K	242.80K	208.30K
Gross Margin	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBIT	128.84K	114.28K	119.78K	91.09K	-1.42K
EBIT Margin	+46.8%	+43.7%	+40.1%	+37.5%	-0.7%
EBITDA	—	—	119.92K	91.23K	-0.16K
EBITDA Margin	—	—	+40.1%	+37.6%	-0.1%
EBT Excluding Unusual Items	-0.25M	0.26M	-4.30M	0.09M	0.04M
Pretax Income	316.24K	830.78K	740.85K	93.39K	996.95K
Operating Income	128.84K	114.28K	119.78K	91.09K	-1.42K
Operating Margin	+46.8%	+43.7%	+40.1%	+37.5%	-0.7%
Profit Margin	+68.8%	+184.9%	+446.5%	+14.1%	+490.2%
Net Income	0.19M	0.48M	1.33M	0.03M	1.02M
Net Income to Common	0.19M	0.48M	1.33M	0.03M	1.02M
Net Income to Company	0.32M	0.83M	0.74M	0.09M	0.92M
Net Income Growth	-60.8%	-63.8%	+3,792.1%	-96.6%	—
Earnings From Continuing Ops.	316.07K	830.78K	735.90K	93.39K	986.35K
Earnings From Discontinued Ops.	—	—	—	—	-0.07M
Minority Interest in Earnings	-126.52K	-347.81K	597.66K	-59.13K	104.84K
Income Tax Expense	0.17K	—	4.96K	—	10.60K
Effective Tax Rate	+0.1%	—	+0.7%	—	+1.1%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.01	0.00	0.01
EPS (Diluted)	0.00	0.00	0.01	0.00	0.01
EPS Growth	-60.8%	-63.8%	+3,799.5%	-96.7%	—
Shares Outstanding (Basic)	176.28M	176.28M	176.28M	176.28M	176.28M
Shares Outstanding (Diluted)	176.28M	176.28M	176.28M	176.28M	176.28M
Free Cash Flow	-0.28M	0.16M	-4.06M	0.00M	-0.02M
Free Cash Flow Margin	-101.5%	+60.0%	-1,357.9%	+1.3%	-8.7%
Free Cash Flow Per Share	-0.00	0.00	-0.02	0.00	0.00
Payout Ratio	+1.6%	+0.5%	0.0%	+12.6%	+0.5%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	275.47K	261.24K	298.69K	242.80K	208.30K
Gross Profit	275.47K	261.24K	298.69K	242.80K	208.30K
SG&A	141.74K	134.76K	159.87K	150.75K	183.23K
Operating Expenses	146.63K	146.96K	178.92K	151.71K	209.72K
Operating Income	128.84K	114.28K	119.78K	91.09K	-1.42K
Pretax Income	316.24K	830.78K	740.85K	93.39K	996.95K
Income Tax	0.17K	—	4.96K	—	10.60K
Net Income	0.19M	0.48M	1.33M	0.03M	1.02M
EBITDA	—	—	119.92K	91.23K	-0.16K
EBIT	128.84K	114.28K	119.78K	91.09K	-1.42K
EPS (Basic)	0.00	0.00	0.01	0.00	0.01
EPS (Diluted)	0.00	0.00	0.01	0.00	0.01
Margins & Efficiency
Gross Margin %	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBITDA Margin %	—	—	+40.1%	+37.6%	-0.1%
Net Margin %	+68.8%	+184.9%	+446.5%	+14.1%	+490.2%
Revenue & Income
Revenue	275.47K	261.24K	298.69K	242.80K	208.30K
Revenue as Reported	0.46M	0.98M	0.92M	0.25M	1.17M
Revenue Growth (YoY)	+5.4%	-12.5%	+23.0%	+16.6%	+24.1%
Operating Revenue	273.40K	259.02K	296.55K	216.46K	192.10K
Other Revenue	2.07K	2.22K	2.15K	26.34K	16.20K
Gain (Loss) on Sale of Assets	—	—	—	—	956.78K
Currency Exchange Gain (Loss)	-0.38M	0.14M	-4.42M	0.00M	0.04M
Expenses & Provisions
Selling, General & Admin	141.74K	134.76K	159.87K	150.75K	183.23K
Operating Expenses	146.63K	146.96K	178.92K	151.71K	209.72K
Other Operating Expenses	4.89K	12.20K	19.05K	0.96K	26.49K
Asset Writedown	0.57M	0.58M	5.04M	—	—
D&A For EBITDA	—	—	0.14K	0.14K	1.26K
Profitability & Returns
Gross Profit	275.47K	261.24K	298.69K	242.80K	208.30K
Gross Margin	+100.0%	+100.0%	+100.0%	+100.0%	+100.0%
EBIT	128.84K	114.28K	119.78K	91.09K	-1.42K
EBIT Margin	+46.8%	+43.7%	+40.1%	+37.5%	-0.7%
EBITDA	—	—	119.92K	91.23K	-0.16K
EBITDA Margin	—	—	+40.1%	+37.6%	-0.1%
EBT Excluding Unusual Items	-0.25M	0.26M	-4.30M	0.09M	0.04M
Pretax Income	316.24K	830.78K	740.85K	93.39K	996.95K
Operating Income	128.84K	114.28K	119.78K	91.09K	-1.42K
Operating Margin	+46.8%	+43.7%	+40.1%	+37.5%	-0.7%
Profit Margin	+68.8%	+184.9%	+446.5%	+14.1%	+490.2%
Net Income	0.19M	0.48M	1.33M	0.03M	1.02M
Net Income to Common	0.19M	0.48M	1.33M	0.03M	1.02M
Net Income to Company	0.32M	0.83M	0.74M	0.09M	0.92M
Net Income Growth	-60.8%	-63.8%	+3,792.1%	-96.6%	—
Earnings From Continuing Ops.	316.07K	830.78K	735.90K	93.39K	986.35K
Earnings From Discontinued Ops.	—	—	—	—	-0.07M
Minority Interest in Earnings	-126.52K	-347.81K	597.66K	-59.13K	104.84K
Income Tax Expense	0.17K	—	4.96K	—	10.60K
Effective Tax Rate	+0.1%	—	+0.7%	—	+1.1%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.01	0.00	0.01
EPS (Diluted)	0.00	0.00	0.01	0.00	0.01
EPS Growth	-60.8%	-63.8%	+3,799.5%	-96.7%	—
Shares Outstanding (Basic)	176.28M	176.28M	176.28M	176.28M	176.28M
Shares Outstanding (Diluted)	176.28M	176.28M	176.28M	176.28M	176.28M
Free Cash Flow	-0.28M	0.16M	-4.06M	0.00M	-0.02M
Free Cash Flow Margin	-101.5%	+60.0%	-1,357.9%	+1.3%	-8.7%
Free Cash Flow Per Share	-0.00	0.00	-0.02	0.00	0.00
Payout Ratio	+1.6%	+0.5%	0.0%	+12.6%	+0.5%