4.6 billion dirhams revenues "Abu Dhabi Ports" During the first quarter
Abu Dhabi, May 9/ WAM/ Today, the Abu Dhabi Ports Group announced its financial results for the first quarter ending on March 31, 2025, starting the year with the achievement of double -number growth in revenues and profits as a result of the strong performance of the port sector, the economic cities sector and the free zones, the maritime sector and shipping.
The revenues of the Abu Dhabi Ports Group grew during the first quarter of 2025 to reach 4.60 billion dirhams, with a noticeable rate of 18% on an annual basis, driven by the strong performance of both the port sector, the economic cities sector, the free zones, the maritime sector and shipping.
The group’s profits grew before deduction of benefits, taxes, destruction and consumption during the first quarter of 2025 to reach 1.14 billion dirhams, and at a rate of 9% on an annual basis, driven by 17% on an annual basis in the port sector, by 10% on an annual basis in the marine sector and shipping, and by 7% on an annual basis in the economic cities sector and free zones.
The group’s profits margins before deducting benefits, taxes, depreciation and consumption 24.7% during the first quarter of 2025.
The total net profit of the group increased by 16% on an annual basis to reach 464 million dirhams, mainly driven by strong operational performance, while the profitability of one share reached 0.07 dirhams during this quarter, to achieve the stock by 14% on an annual basis.
The volume of capital spending for the first quarter of the year was 954 million dirhams, as most of the monetary expenditures for the economic cities sector and free zones, and the port sector “in addition to expenditures worth 182 million dirhams allocated to new ports concessions and other existing renewal”, and enhancing the origins of the maritime sector and shipping. The intensity of capital spending continued to decline, reaching 21% of the group’s revenues in the first quarter of 2025, compared to 33% in the first quarter of 2024.
The volume of cash flow from operations reached 725 million dirhams during the first quarter of 2025, compared to 781 million dirhams in the same period of 2024, mainly affected by the timing of the collection of dues, and thus unfavorable changes in working capital, and as a result, the size of the free cash flow of the group decreased during this quarter to reach ‑173 million dirhams.
Captain Mohamed Jumaa Al Shamsi, Managing Director and CEO – Abu Dhabi Ports Group, said that the positive momentum extended the results of the standard financial group in 2024 to the first quarter of this year, where its flexible and enhanced business system, which includes a various business portfolio that includes the trade, transportation and logistical services sector, succeeded in achieving a strong growth number in revenues and the total net profit, Thus, bypassing the uncertainty that prevails in the macroeconomic and the geopolitical climate.
He added that this strong growth is due to the remarkable performance of both the port sector, the economic cities sector, the free zones, the maritime sector, and the shipping, as these sectors continue to benefit from their pre -emptive approach and their flexible response to continuous geopolitical crises, in addition to their continuous investments in the basic infrastructure in parallel with their international expansion.
Captain Al Shamsi continued: “In line with the vision of our wise leadership in the UAE, we will continue this year to implement our wise and enhanced strategy in our plans for smart global expansion, taking into account the prevailing turmoil, ensuring the preservation of the group’s growth process, and contributing to the consolidation of the position of the Emirate of Abu Dhabi as a global center for sustainable trade, transportation, logistical services and development Economic.
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