AD Ports Group Q2 Profit Steady at $121M, Beating Forecasts
AD Ports Group, a UAE-based company that runs ports, shipping services, and free zones, posted a second-quarter net profit of $121.2 million (AED 445 million), up 1% from last year. The growth was slowed by higher income taxes.
Strong Results
-
The profit was higher than analysts’ forecast of $91 million (AED 334.3 million), according to LSEG.
-
Revenue rose 15% to $1.3 billion (AED 4.8 billion), supported by strong performance in ports, free zones, and shipping.
First Half of 2025
-
Net profit climbed 8% year-on-year to $247.2 million (AED 908 million).
-
Revenue increased 17% to $2.6 billion (AED 9.4 billion).
-
Capital spending was $252.7 million (AED 928 million), mainly on maritime, shipping, and free zone projects.
-
Capital spending as a share of revenue fell to 19% from 28% last year.
-
The company ranked 49th in Forbes Middle East’s Top 100 Listed Companies 2025.
CEO Outlook
CEO Mohamed Juma Al Shamisi said that while global economic and political uncertainty is likely to remain in the second half of the year, the company expects to keep growing profitably in the long term.
Sustainability Efforts
In Q2, AD Ports boosted its environmental efforts by:
-
Partnering with Masdar, Advario, and CMA CGM Group to plan an e-methanol fuel facility at Khalifa Port and KEZAD to help decarbonize shipping.
-
Buying the Gulf’s first all-electric hydrofoil pilot boat and two fully electric tugboats.
-
Completing a three-year coral research project with NYU Abu Dhabi to protect the Arabian Gulf’s marine ecosystem.
Published: 13th August 2025
For more article like this please follow our social media Twitter, Linkedin & Instagram
Also Read:
Abu Dhabi’s Zero Two buys stake in Evolution Data Centres
Amanat Sells School for $123M to Focus on Core Business
Saudi Electricity Q2 Profit Up 22% on Higher Power Demand
