
Amlak Finance Reports 165% Profit Surge in H1 2025
Summary
Amlak Finance P.J.S.C reported a significant increase in net profit and revenue for H1 2025. The company achieved a 165% rise in net profit and a 61% increase in revenue year-on-year.Amlak Finance P.J.S.C, a prominent financial institution in the UAE, has reported impressive financial results for the first half of 2025. The company's net profit after income tax soared to AED 18.53 million, marking a substantial 165% increase from AED 7 million in the same period last year. This remarkable growth is a testament to Amlak's strategic focus on managing its operations and balance sheet prudently.
The total revenue for H1 2025 reached AED 200 million, a 61% increase from AED 124 million in H1 2024. This growth was driven by increased revenues from joint ventures and development properties, which contributed AED 54 million compared to AED 5 million in the previous year. Such robust performance highlights Amlak's successful business strategies and its ability to capitalize on market opportunities.
Operational efficiency was also a key focus for Amlak, as evidenced by a 3% reduction in operating costs to AED 40 million. This cost management, combined with strategic asset sales, has strengthened the company's financial position. Amlak completed the sale of Ras Al Khor land plots for AED 2.9 billion and fully divested its investment in an associate in KSA, further solidifying its balance sheet.
Amlak's commitment to meeting financial obligations was demonstrated by repaying AED 35 million to financiers in Q2 and settling the remaining AED 906 million in July 2025. This proactive approach to debt management is expected to enhance Amlak's financial flexibility and support future growth initiatives.
Looking ahead, Amlak Finance appears well-positioned for continued success. The company's strategic divestments, robust revenue growth, and effective cost management are likely to drive further profitability. Given the positive financial outlook and strong market position, investors might consider holding their positions in Amlak Finance to benefit from potential future gains.


