332.68 million dirhams group revenues "Stallions Emirates" 10% growth
Abu Dhabi, April 29 / WAM / The ESG Group, affiliated with the Global Holding Company, recorded a growth in its total revenue by 10% on an annual basis, as part of its financial results for the first quarter of 2025, which it announced today.
The group’s revenues amounted to 332.68 million dirhams, benefiting from the momentum achieved last year to confirm the success of the effective implementation strategy and focus on improving operating performance across its various various activities.
The group recorded a growth in operational profits by 25% to reach 59.76 million dirhams during the first quarter of 2025, which reflects its continuous commitment to achieving strong performance, by paying strategic investments and improving operational efficiency.
The total profit increased by 10% to 99.09 million dirhams, with the support of enhancing business integration and enhancing harmony between different business units.
Matar Suhail Ali Al Yabhouni Al Dhahiri, Chairman of the ESG Group, said that these results reflect the strength and flexibility of the group in addition to its clear future vision and we continue to focus on achieving sustainable value through smart investments, disciplined implementation, and a varied business portfolio capable of performance in various economic courses and we are constantly enhancing our position in the vital sectors that we cover and while the group looks forward to the future, Stallion continues the Emirates Its commitment to exploring new opportunities and markets, based on its financial strength and various portfolios to advance sustainable growth and enhance innovation.
For his part, Kayed Ali Kharma, CEO of the ESG Group, said that the 25% increase in operational profits during the first quarter constitutes a clear evidence of the strength of our business and the durability of our operating model and that the continuation of achieving strong financial results confirms the positive path that the group is going, which gives us confidence to continue expanding and achieving more achievements at the regional level.
He added that by March 31, 2025, the total shareholders ’rights increased to 2.545 billion dirhams, recording an increase of 2% compared to the end of 2024, in confirmation of the duration of the group’s financial position and the rational management of capital, while the total assets settled at 3.678 billion dirhams, the book value of the share increased to 10.18 dirhams, which enhances the strength of the group’s capital base and confirms the capacity of the Emirates Stallions on the UAE’s ability to Continue to achieve a long -term value for its shareholders.
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