Money and business

516 million dirhams in revenues "Izzy is not" Within 9 months

Abu Dhabi, October 24, 2025 – EasyLease, a subsidiary of the International Holding Company, announced its financial performance during the nine months ending September 30, 2025, as operating profits increased by 92% on an annual basis to reach 63 million dirhams, while revenues reached 516 million dirhams, recording a growth of 77% on an annual basis.

The performance was driven by continued momentum in the field of mobility and logistics services, which is the company’s main business sector, and continued strong demand for last-destination delivery services in the e-commerce and food sectors.

This sector’s revenues amounted to 308 million dirhams, an increase of 31% year-on-year, while profits increased by 56% to reach 36 million dirhams.

Net profits jumped by 71% to reach 48 million dirhams, while earnings before interest, taxes, depreciation and amortization amounted to 127 million dirhams, an increase of 67%, which reflects the efficiency of operational performance and the company’s commitment to the disciplined implementation of its strategy.

Ahmed Al-Sada, CEO of Easy Lease, said that the continued growth in revenues, driven by the company’s strong operating model, reflects the strength of its integrated and diversified platform in the transportation sector, while the success of the integration of the Galega Holding Group’s operations and the continued expansion of its fleet confirms its ability to achieve sustainable value through the transportation system and logistics solutions.

The Easy Lease rental vehicle fleet witnessed a growth of 40% during the nine months ending September 30, 2025, as a result of the expansion of the company’s operations and the addition of new vehicles with a targeted approach to meet the needs of the main segments of customers, while the stable operating rates of the company’s expanded fleet contributed to supporting revenue growth while maintaining operating efficiency and fleet profitability.

The successful integration of the Galega Holding Group’s businesses also contributed to significantly expanding the scope of EasyLease’s services, to now cover more logistics services, warehousing solutions, and supply chain management, which achieved broader integration between various sectors and contributed to enhancing the value provided to customers.

After the launch of United Trans in Jordan, the company continued to record remarkable progress in its regional expansion during the third quarter, which reinforces its strategy aimed at developing its integrated platform for mobility solutions in the promising GCC markets, while Easy Lease’s presence in the region expanded to include the Kingdom of Saudi Arabia, the Sultanate of Oman, Qatar, Kuwait, Bahrain and Jordan.

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