SHUAA Capital Bounces Back with AED 196M Profit
SHUAA Capital reports a remarkable recovery with a net profit of AED 196 million in Q1 2025, marking a significant turnaround from the previous quarter.
Summary
SHUAA Capital has reported a net profit of AED 196 million for Q1 2025, marking a significant recovery from a net loss in Q4 2024. This turnaround is attributed to the successful execution of a capital optimization strategy and growth across all business segments.
SHUAA Capital PSC, a leading asset management and investment banking platform in the United Arab Emirates, has announced a significant financial turnaround in the first quarter of 2025. The company reported a net profit of AED 196 million, a remarkable recovery from the net loss of AED 161 million recorded in the last quarter of 2024. This impressive performance underscores SHUAA's successful implementation of a comprehensive turnaround strategy, which has not only restored profitability but also set a strong foundation for sustainable growth.
The Q1 2025 financial results highlight a 46% revenue growth, with strong contributions from all areas of the business. This growth across all business segments demonstrates the diverse strength of SHUAA's business model and its ability to adapt and thrive even in challenging market conditions. A key milestone achieved during this period is the completion of the company's capital optimization plan, which has resulted in a significant reduction of debt by over 60%. This strategic move has not only improved SHUAA's financial health but also positioned it for continued success in the future.
H.E. Badr Salim Al Olama, Chairman of SHUAA Capital, expressed satisfaction with the progress made in Q1 2025, stating that the successful completion of the capital optimization plan has laid a strong foundation for future success. He emphasized SHUAA's commitment to strengthening its leadership position in the region and contributing to the broader growth of the markets it serves. Similarly, Wafik Ben Mansour, Group CEO of SHUAA Capital, highlighted the collective efforts of the Board and Management in steering the company back to profitability. He reiterated SHUAA's focus on driving business growth, enhancing profitability, and delivering sustainable value to shareholders.
Looking ahead, SHUAA Capital appears well-positioned to maintain its upward trajectory. The company's strategic initiatives and strong performance in Q1 2025 suggest a positive outlook for the remainder of the year. Investors may consider this as an opportune moment to buy SHUAA shares, given the company's robust recovery and promising future prospects.
Source
Summary
SHUAA Capital reported a net profit of AED 196 million for the first quarter of 2025, marking a significant turnaround from a net loss of AED 161 million in the previous quarter. This improvement is attributed to the successful execution of a capital optimization strategy, which included reducing debt by over 60%. The company also achieved a 46% revenue growth, with contributions from all business segments. SHUAA's leadership expressed confidence in the company's future growth and its ability to deliver sustainable value to shareholders. Key financial metrics showed improvements in revenue, net operating income, and cost-income ratio compared to the previous quarter.
