Abu Dhabi – Mubasher: EMSTEEL Building Materials recorded higher net profits at AED 187.99 million in the first half (H1) of 2025, compared to AED 174.47 million a year earlier.

The revenues jumped by 9% year-on-year (YoY) to AED 4.30 billion as of 30 June 2025 from AED 3.95 billion, according to the financial results.

Basic and diluted earnings per share (EPS) increased to AED 0.027 in H1-25 from AED 0.025 in H1-24.

Financials for Q2

In the second quarter (Q2) of 2025, the net profits reached AED 101.70 million, up YoY from AED 46.25 million.

Revenues hiked by 18% YoY to AED 2.14 billion in Q2-25 from AED 1.82 billion in Q2-24, while the basic and diluted EPS climbed to AED 0.015 from AED 0.007.

Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, said: “Our strong H1-25 performance underscores the resilience and adaptability of EMSTEEL in an evolving global market.”

 “As we advance our decarburization journey, the launch of our Green Finance Framework and our strategic partnership with Magsort mark important milestones in building a more sustainable, circular steel and cement ecosystem,” Al Remeithi highlighted.

He added: “With a solid financial foundation, strong ESG credentials, and a clear long-term vision, EMSTEEL remains well-positioned to deliver sustainable value to all stakeholders.”

As of 31 March 2025, the group witnessed resilient performance, logging net profits valued at AED 86.28 million.