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‎DAE H1 profit at $189.5M

Source
Argaam - UAE News
Source link
https://www.argaam.com/en/article/articledetail/id/1924519
Published
2026-07-30 14:19:00
Discovered by ProcIntel
2026-07-31 08:54:00
Category
GCC Spotlight
Geography
UAE
Organisations
—
Review status
Pending
Record type
REAL

Summary

‎<p ><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/aa896ab2-b415-4235-91cc-abce6e0d140c.png" ><br> One of Dubai Aerospace Enterprise's aircraft</span></span></p> <hr> <p>Dubai Aerospace Enterprise (DAE), a state-owned aviation company in Dubai, reported a net profit of $189.5 million for H1 2026, compared to $432.7 million in the same period of 2025, as shown in the table below:</p> <p></p> <table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > <p><strong><span >Income statement</span></strong></p> </td> </tr> <tr > <td > <p><strong><span >Period</span></strong></p> </td> <td > <p><strong><span >H1 2025</span></strong></p> </td> <td > <p><strong><span >H1 2026</span></strong></p> </td> <td > <p><strong><span >YoY change</span></strong></p> </td> </tr> <tr > <td > <p><strong><span >Revenue</span></strong><strong><span >($</span></strong><em> <span >million</span></em><em><span dir="RTL"><span ><span >(</span></span></span></em></p> </td> <td > <p><span >843.6</span></p> </td> <td > <p><span dir="RTL"><span ><span >865.9</span></span></span></p> </td> <td > <p><span >+3%</span></p> </td> </tr> <tr > <td > <p><strong><span >Net profit</span></strong><strong><span >($</span></strong><em> <span >million</span></em><em><span dir="RTL"><span ><span >(</span></span></span></em></p> </td> <td > <p><span >432.7</span></p> </td> <td > <p><span dir="RTL"><span ><span >189.5</span></span></span></p> </td> <td > <p><span >(56%)</span></p> </td> </tr> </tbody> </table> <div ></div> <p><br> This decline is driven by a non-recurring exceptional gain of $289.7 million in H1 2025 from an insurance recovery, compared to a year earlier period. Additionally, depreciation and amortization expenses rose 15% to $352.2 million, from $305.8 million in the prior-year period.<br> <br> The company also cited higher aircraft maintenance expenses and net financing costs, which increased by 21% and 13% respectively, compared to the corresponding period in 2025.</p> <p></p> <table align="center" border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="3" > <p><strong>Dubai Aerospace Enterprise revenue and net income since the beginning of 2025</strong></p> </td> </tr> <tr > <td > <p><strong><span >Period</span></strong></p> </td> <td > <p><strong><span >Revenue</span></strong></p> <p><strong><span >($</span></strong><em> <span >million</span></em><em><span dir="RTL"><span ><span >(</span></span></span></em></p> </td> <td > <p><strong><span >Net income</span></strong></p> <p><strong><span >($</span></strong><em> <span >million</span></em><em><span dir="RTL"><span ><span >(</span></span></span></em></p> </td> </tr> <tr > <td colspan="3" > <p><strong><span dir="RTL"><span ><span >2025</span></span></span></strong></p> </td> </tr> <tr > <td > <p><strong><span >Q1</span></strong></p> </td> <td > <p><span dir="RTL"><span ><span >395.9</span></span></span></p> </td> <td > <p><span dir="RTL"><span ><span >81.8</span></span></span></p> </td> </tr> <tr > <td > <p><strong><span >Q2</span></strong></p> </td> <td > <p><span dir="RTL"><span ><span >447.7</span></span></span></p> </td> <td > <p><span dir="RTL"><span ><span >350.9</span></span></span></p> </td> </tr> <tr > <td > <p><strong><span >Q3</span></strong></p> </td> <td > <p><span dir="RTL"><span ><span >434.1</span></span></span></p> </td> <td > <p><span dir="RTL"><span ><span >125.2</span></span></span></p> </td> </tr> <tr > <td > <p><strong><span >Q4</span></strong></p> </td> <td > <p><span dir="RTL"><span ><span >447.5</span></span></span></p> </td> <td > <p><span dir="RTL"><span ><span >131.6</span></span></span></p> </td> </tr> <tr > <td colspan="3" > <p><strong><span dir="RTL"><span ><span >2026</span></span></span></strong></p> </td> </tr> <tr > <td > <p><strong><span >Q1</span></strong></p> </td> <td > <p><span dir="RTL"><span ><span >455.5</span></span></span></p> </td> <td > <p><span dir="RTL"><span ><span >100.9</span></span></span></p> </td> </tr> <tr > <td > <p><strong><span >Q2</span></strong></p> </td> <td > <p><span dir="RTL"><span ><span >410.4</span></span></span></p> </td> <td > <p><span dir="RTL"><span ><span >88.6</span></span></span></p> </td> </tr> </tbody> </table> <div ></div> <p><br> </p>

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-07-31 08:55:19
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
  • geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.