Aldar 2Q profit 1.97B dirhams, est. 1.77B dirhams

Aldar 2Q profit 1.97B dirhams, est. 1.77B dirhams

Aldar, a prominent real estate developer, has released its second-quarter 2025 financial results, showing a significant increase in profit compared to the estimated earnings. The company reported a profit of 1.97 billion dirhams, surpassing the estimated 1.77 billion dirhams.

The company's revenue for the quarter stood at 5.3 billion dirhams, representing a 12% increase from the same period last year. This growth was driven by strong sales in residential and commercial properties, particularly in the United Arab Emirates.

Aldar's profit margin improved to 36% from 34% in the previous quarter, highlighting the company's efficient cost management and operational effectiveness. The company's earnings per share (EPS) increased to 0.06 dirhams, up from 0.05 dirhams in the previous quarter.

Looking ahead, Aldar expects its revenue to grow by 8% annually over the next three years, while its profit margin is projected to remain stable at 36%. The company's shares are currently trading at 1.2 dirhams per share, up 15% from a week ago.

However, Aldar faces several risks, including market volatility, geopolitical uncertainties, and regulatory changes. The company has identified these risks and has implemented strategies to mitigate their impact.

In conclusion, Aldar's strong second-quarter 2025 results demonstrate the company's resilience and growth potential in the real estate sector. Investors should closely monitor the company's performance and future projections.

References:
[1] https://finance.yahoo.com/news/aztech-global-second-quarter-2025-005818705.html