115 % Bressate’s revenue growth in the first quarter of 2025
Abu Dhabi, May 7 / WAM / The Pressite Holding Company, Ltd., achieved revenues of 563.9 million dirhams, an increase of 115.1% on an annual basis, according to the financial results of the three months ending March 31, 2025 announced today.
The international revenues of Barisite jumped by about five times to reach 127 million dirhams, which reflects the acceleration of the company’s global expansion, as well as profits before calculating benefits, taxes, destruction and consumption by 71.9% on an annual basis to reach 141 million dirhams.
During this annual quarter, Brissite recorded new requests of 1.44 billion dirhams, which contributed to raising the value of the Brezit work under implementation to 3.87 billion dirhams, an increase of 29% compared to the end of December 2024, and the net profit after the tax increased by 33.6% on an annual basis.
It is worth noting that 98.8% of the total revenue of Bressate came from multi -year contracts, which shows the company’s model in strengthening long -term relationships with customers and ensuring the continuity of revenues, and “BreSite” recorded operational cash flows of 60.4 million dirhams, while maintaining a cash balance and its equivalent up to 1.97 billion dirhams, and continued to work without any debt registration.
Thomas Parmotideham, CEO of Brissite, said that the company continued to establish its position as a reliable strategic partner for governments and major companies in high -growth markets by supporting digital transformation efforts, upgrading public services and enhancing national flexibility through artificial intelligence applications.
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