Press releases, Reports & Disclosures for ESG EMIRATES STALLIONS GROUP P.J.S.C

The text is a communication from the CEO of ESG Emirates Stallions Group PrJSC, Kayed Ali Khorma, addressed to the Disclosure and Compliance Section of the Abu Dhabi Securities Exchange. Dated November 28, 2024, it discusses the recent rise in the company's share price on November 26 and 27, 2024. The increase is attributed to market supply and demand dynamics, and the Group states that it has no undisclosed material information. The Group reaffirms its commitment to disclosure processes.

Emirates Stallions Group reported a 125% year-on-year revenue growth in Q3 2024, with operational profit rising by 69% to AED 151.78 million. Gross profit increased by 221%, and total assets grew by 13% since December 2023. The group attributes its robust financial performance to portfolio expansion and strategic execution. Total equity rose by 6% to AED 2.43 billion, and the book value per share also increased by 6%. The company remains focused on activities that provide both short-term impact and long-term value creation.

The document is a review report and interim condensed consolidated financial statements for ESG Emirates Stallions Group PJSC, covering the six-month period that ended on June 30, 2024.