ABU DHABI (ALETIHAD)
Emirates Stallions Group (ESG) reported strong financial performance in 2025, delivering substantial double-digit growth across all major financial indicators, according to the company’s annual results posted on the Abu Dhabi Securities Exchange (ADX) website.
Operational profit before tax rose 68% year on year to Dh384 million, supported by robust growth across its core business segments.
Revenue for the year increased 39% year on year to Dh1.77 billion, driven by solid performance across real estate development and manpower solutions. Gross profit rose 38% to Dh602.53 million, while net profit climbed 48% to Dh342 million.
The company said growth during the year was underpinned by disciplined execution across its core platforms and sustained demand in its real estate and manpower businesses.
Commenting on the results, chairman Matar Suhail Al Yabhouni Al Dhaheri said 2025 was an important year for ESG, with the strong financial performance reflecting the quality of its operations and the strength of its diversified platform.
He highlighted the contribution of the real estate development and manpower solutions businesses, adding that the group remains aligned with the UAE’s broader economic objectives while continuing to deliver long-term value to shareholders and stakeholders.
Chief executive officer Kayed Ali Khorma said the increase in operational and net profit demonstrated the effectiveness of the group’s strategy, and the resilience of its key business lines. He noted that disciplined project delivery and operational efficiency enabled the group to capture growth opportunities across its priority markets, positioning it to build on this momentum in the year ahead.
During 2025, Emirates Stallions Group also advanced a number of strategic initiatives and transactions. In May, Decovision expanded its regional footprint with the opening of a new branch in Saudi Arabia, while Vision Furniture & Decoration Factory secured a 16-year renewable usufruct agreement for a 13,000 square metre industrial facility in the Kingdom to support increased manufacturing capacity.
In June, the group established Royal Development Holding as a dedicated luxury real estate platform, and subsequently entered into a strategic partnership with SAAS Properties to develop a Dh1.6 billion project in collaboration with Autograph Collection Hotels by Marriott in Abu Dhabi.
In December, Afkar Financial and Property Investments executed a Dh540 million, 33-year musataha agreement with Spox Investments to develop 16 land plots in Abu Dhabi, while Royal Development Holding also partnered with Radisson Hotel Group to develop the Waterfront Radisson Residences on Reem Island.
ESG, a subsidiary of International Holding Company (IHC), is a diversified UAE group with more than 45 subsidiaries across manpower and accommodation, real estate, design and manufacturing, landscaping, and agriculture.