SHUAA Capital PSC

SHUAA Capital PSC

a pile of coins sitting on top of a table

SHUAA Capital's Strong Comeback: Q2 Profits Soar

Summary

SHUAA Capital reports AED 19 million profit in Q2 2025, highlighting a successful financial turnaround.
SHUAA Capital has reported a notable profit in Q2 2025, marking a successful turnaround.

SHUAA Capital PSC, a leading asset management and investment banking platform in the United Arab Emirates, has announced a net profit of AED 19 million for the second quarter of 2025. This marks the company's second consecutive profitable quarter, a significant achievement following a challenging period. For the first half of 2025, SHUAA reported a profit of AED 214 million, a remarkable turnaround from the AED 117 million loss recorded in the same period last year.

The company's impressive performance underscores the success of its capital optimization strategy and confirms its return to sustainable profitability. SHUAA's revenues for the quarter stood at AED 23 million, with an improved cost-to-income ratio of 78%. These results position the company to build on its strengthened financial foundation, aiming to deliver growth and long-term value for shareholders.

H.E. Badr Salim Al Olama, Chairman of SHUAA Capital, remarked, 'This remarkable turnaround demonstrates the effectiveness of our strategic actions and the resilience of SHUAA's business model. We are committed to sustaining this momentum and driving value creation for our shareholders.'

Wafik Ben Mansour, Group CEO of SHUAA Capital, also expressed confidence in the company's future, stating, 'Delivering two consecutive profitable quarters and a solid first-half result is a clear signal that SHUAA is back on track. With a leaner cost base and a focused growth strategy, we are well positioned to capture new opportunities and enhance shareholder returns.'

In light of SHUAA's strong financial performance and strategic positioning, investors might consider a buy recommendation. The company's successful turnaround, combined with its commitment to growth and value creation, suggests a positive outlook for the future.

Related articles

Loading...