Drake & Scull International PJSC (DSI), a leading player in the construction and engineering sector within the United Arab Emirates, has released its preliminary financial results for the fiscal year 2025. The company has demonstrated a substantial improvement in its operational and financial performance, with revenues soaring to AED 223.8 million, a remarkable increase from AED 103.7 million in 2024. This impressive growth of over 100% is attributed to stronger operational delivery, improved project execution capabilities, and enhanced profit margins.

In addition to the revenue surge, DSI reported a consolidated net profit of AED 47 million for 2025. This positive outcome has been reflected in the increase of the Total Group Equity from AED 151.8 million to AED 195.4 million, highlighting the ongoing recovery and stabilization of the business.

However, recent media reports have inaccurately stated that the company recorded losses of AED 75.6 million. DSI has clarified that this figure represents the net loss attributable to equity holders of the parent company after allocating subsidiary results based on ownership interests. It includes certain provisions and period adjustments recorded in accordance with International Financial Reporting Standards (IFRS) and excludes results attributable to non-controlling interests, which amounted to AED 122.7 million.

This clarification is crucial for investors and stakeholders to understand the true financial performance of DSI. The company's robust financial results indicate a promising trajectory, but potential investors should consider the full context of the reported figures before making any investment decisions.

Given the significant revenue growth and net profit, current investors may consider holding their positions to see if this upward trend continues in the coming years. However, potential investors should weigh the risks and conduct thorough due diligence before making any investment decisions.