Mubasher TV
Contact Us Advertising   العربية

Tecom Group posts 18% higher profits in 9M-25

Tecom Group posts 18% higher profits in 9M-25
Photo Archive
TECOM
TECOM
1.23% 3.30 0.04

Dubai – Mubasher: Tecom Group recorded net profits amounting to AED 1.11 billion in the first nine months (9M) of 2025, up 18% from AED 942.67 million in 9M-24.

Revenues hiked by 20% year-on-year (YoY) to AED 2.11 billion as of 30 September 2025 from AED 1.75 billion, according to the financial statements.

The earnings per share (EPS) went up to AED 0.22 in January-September 2025 from AED 0.19 in 9M-24.

Financials for Q3-25

In the third quarter (Q3) of 2025, the DFM-listed group posted net profits after tax valued at AED 373.23 million, compared with AED 339.63 million in Q3-24.

The revenues stood at AED 747.17 million in Q3-25, an annual rise of AED 610.90 million.

Meanwhile, the basic and diluted EPS reached EGP 0.07.

Abdulla Belhoul, CEO of Tecom Group, said: “Our solid momentum was driven by the group’s AED 4.30 billion strategic expansion plan since last year and high demand for our premium Commercial and Industrial assets, as Dubai continues to rank No.1 globally for attracting Greenfield FDI projects.’

“Our performance reinforces Tecom Group’s major contribution towards Dubai’s pro-business landscape and attractiveness to global investors as our roadmap for sustainable growth creates long-term shareholder value,” he added.

At the end of June 2025, the net profits of Tecom hiked by 22% YoY to AED 737.42 million from AED 603.04 million