Mubasher: The net profits attributable to the shareholders of GFH Financial Group jumped by 10.69% to $67.23 million in the first half (H1) of 2025 from $60.74 million a year earlier.
Total income hit $357.06 million in H1-25, up 7.48% year-on-year (YoY) from $332.23 million, according to the financial results.
Basic and diluted earnings per share (EPS) reached $1.93 as of 30 June 2025, higher than $1.71 in H1-24.
Financial Results for Q2-25
In the second quarter (Q2) of 2025, the cross-listed group logged 10.38% YoY higher net profits at $37.10 million, compared to $33.61 million.
The total income jumped by 9.96% to $186.12 million in April-June 2025 from $169.25 million, while basic and diluted EPS increased to $1.06 from $0.93.
As for the dividends, the board recommended the distribution of an interim cash dividend of 2% of the nominal value per share ($0.0053), excluding treasury shares, subject to regulatory approvals.
GFH currently manages more than $23.75 billion of assets and funds, including a global portfolio of investments in logistics, healthcare, education, and technology in the MENA region, Europe and North America.
In Q1-25, the group’s net profits attributable to the owners hiked to $30.14 million from $27.13 million as of 31 March 2024.