TECOM Group Reports Robust 20% Revenue Growth
TECOM Group PJSC has announced impressive financial results for the first nine months of 2025, showcasing significant growth across its portfolio.
Summary
TECOM Group has reported a 20% increase in revenue and an 18% rise in net profit for the first nine months of 2025, driven by higher occupancy and rental rates.
TECOM Group PJSC, a prominent developer and operator of specialized business districts in Dubai, has announced remarkable financial results for the first nine months of 2025. The company reported a revenue increase of over AED 2.1 billion, representing a 20% year-on-year growth. Net profit exceeded AED 1.1 billion, marking an 18% increase compared to the previous year. This strong performance is attributed to increased occupancy, higher rental rates, and strategic portfolio expansion.
The Group's EBITDA for the period reached AED 1.7 billion, reflecting a 20% year-on-year growth. Such impressive figures highlight the company's operational efficiencies and its ability to capitalize on the burgeoning demand for premium commercial and industrial assets in Dubai. Occupancy rates across TECOM's commercial and industrial portfolio grew by 2% year-on-year to 96%, while land occupancy surged by 8% to 98%.
TECOM Group's strategic focus on enhancing its portfolio and providing value-added services has been instrumental in attracting and retaining a diverse range of businesses. The company's integrated smart services platform, axs, and industry-specialized facilities continue to foster an environment conducive to business growth and innovation.
Given the robust financial results and the strategic initiatives undertaken by TECOM Group, the outlook for the company remains optimistic. Investors might consider buying TECOM Group shares, as the company is well-positioned to continue its growth trajectory, benefiting from Dubai's status as a global business hub.
Source
Summary
TECOM Group reported a net profit of over AED 1.1 billion for the first nine months, reflecting an 18% increase year-on-year. The company's revenue grew by 20% to surpass AED 2.1 billion, driven by increased occupancy, higher rental rates, and portfolio expansion. EBITDA reached AED 1.7 billion, marking a 20% year-on-year growth due to operational efficiencies. Funds from operations increased by 16% to AED 1.5 billion. Occupancy rates in the Commercial and Industrial portfolio rose by 2% to 96%, and Land occupancy increased by 8% to 98%, indicating strong demand for TECOM Group's assets.
