11 million dirhams net profits "BHM Capital" During the first quarter
Dubai, May 15 / WAM / BHM Capital announced the company specialized in the field of financial and investment services about achieving strong financial results during the first quarter of 2025, registering a net profit of 11 million dirhams compared to 9 million dirhams in the same period in 2024, achieving a growth of 23%.
In the context of supporting its expansion plans, the company said that it is currently working to increase its capital by 200 million dirhams with the aim of financing future initiatives and expanding its presence in the local, regional and global markets.
BHM Capital also witnessed remarkable growth in the base of its customers, as the number of new accounts increased 8133 new accounts during the first quarter, 41.37 % of the total new accounts open in the market, according to the official financial statements of the Dubai Financial Market in a clear confirmation of the increasing confidence of investors in its advanced services.
Sheikh Dr. Ammar Al -Mualla, Chairman of the BHM Capital Board, said: The results of the BHM Capital for the first quarter of 2025 embodied a real reflection of the strategic vision adopted by the Board of Directors, which aims to consolidate the company’s position as a leading financial institution that has competitive capabilities and high sustainability. In light of the local and global fluctuations in the markets that the BHM Capital has proven that it possesses It is flexibility and experience that enables it to continue to achieve growth and enhance the confidence of investors, and we look forward through the planned geographical expansions and increase the capital to a new stage of distinguished institutional performance and leadership in the financial sector.
For his part, Abdel -Hadi Al -Saadi, CEO of the company, said: The strong results that we have achieved during the first quarter of 2025 are the fruits of teamwork, the continuous commitment to the service of our customers and the provision of added value in everything we do and our growth in profits and increase the number of customers in addition to our distinguished performance as a market maker, liquidity provider, financial consulting and management of the governor and funds that reflects our success in implementing a various clear strategy And as ambitious, and with the increase in the expected capital, we establish a larger stage of expansion, including the regional markets, which we have previously announced, such as Bahrain, Oman, Egypt and other markets such as Armenia, Kazakhstan, Iraq and Jordan, which recently joined an exchange platform, as we enhance our investments in technology, infrastructure and artificial intelligence to serve our investors at the highest standards.
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