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The document is a review report and interim condensed consolidated financial statements for Orient Insurance PJSC and its subsidiaries, dated 30 June 2025. The financial statements are unaudited.
The document is the unaudited interim condensed consolidated financial statements of Emaar Development PJSC and its subsidiaries for the period ending June 30, 2025.
The document is the unaudited interim condensed consolidated financial statements of Emaar Properties PJSC and its subsidiaries for the period ending June 30, 2025.
Emaar Development reported significant growth in the first half of 2025, with a 37% increase in property sales reaching AED 40.6 billion (US$ 11 billion) and a 59% rise in backlog to AED 117.7 billion (US$ 32 billion). Revenue grew by 35% to AED 10 billion (US$ 2.7 billion), while EBITDA increased by 47% to AED 5 billion (US$ 1.4 billion), maintaining a 50% margin. Net profit before tax rose by 50% to AED 5.5 billion (US$ 1.5 billion), with a net margin of 55%. The company launched 25 new projects, reinforcing its market position. Emaar emphasizes customer satisfaction and sustainable practices. Founder Mohamed Alabbar highlighted the company's resilience and commitment to innovation, sustainability, and shaping the future of urban living.
Emaar Properties PJSC reported strong financial performance for the first half of 2025, with property sales increasing by 46% to approximately AED 46 billion (US$ 12.5 billion) and a backlog growth of 62% to AED 146.3 billion (US$ 39.8 billion). Revenue rose by 38% to AED 19.8 billion (US$ 5.4 billion), and EBITDA increased by 30% to AED 10.4 billion (US$ 2.8 billion). Net profit before tax also grew by 34% to AED 10.4 billion (US$ 2.8 billion). The company attributes its success to strong brand equity, demand for its communities, and a focused strategy. Emaar's credit ratings were upgraded by S&P Global and Moody’s, reflecting its operational excellence and sustained performance. The company is committed to customer satisfaction, talent development, cost efficiency, and advancing its sustainability initiatives.