‎DIPDC H1 profit rises 6% to AED 443.8M

‎<p ><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/83a7e21e-7132-4254-a283-9c78dad47df9.png" ><br> Logo of DIP Holding Company</span></span></p> <hr> <p dir="ltr" >Dubai Investments Park Development Company LLC(DIPDC)<span ><span >, a wholly owned subsidiary of DIP Holding, which is set to list shares on DFM, posted a net profit ofAED 443.8 million (5.1 fils/share) in H1 2026, compared to profits of AED 418.2 million in H1 2025.</span></span></p> <table align="center" border="1" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="4" > <p dir="ltr" ><span ><span ><strong>Income statement – interim</strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Period</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >H1 2025</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >H1 2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Change</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Revenue</span></strong><em><span >(AED mln)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >482.9</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >491.6</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+2%</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Net profit</span></strong><em><span >(AED mln)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >418.2</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >443.8</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+6%</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Number of shares</span></strong><em><span >(mln shares)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >--</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >EPS</span></strong><em><span >(fils/share)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >4.8</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >5.1</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+6%</span></span></span></p> </td> </tr> </tbody> </table> <div ><br> <span >The profit rise was driven by a rise in the profit margin to 72.4% from 71.0%, due to higher revenues and lower direct costs, as well as an increase in gains from the revaluation of real estate investments at fair value by 16%, reaching AED 195.3 million compared to AED 168.5 million in the same period last year.</span><br> <br> <span >The growth was also supported by higher other revenue, which reached AED 12 million at the end of H1 2026, compared to AED 4.8 million in the same period a year earlier. In addition, net finance costs fell 23% to AED 48.4 million from AED 62.9 million in the same period of 2025.</span></div> <p dir="ltr" ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="4" > <p dir="ltr" ><span ><span ><strong>Income statement – quarterly</strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Period</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q2 2025</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q2 2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Change</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Revenue</span></strong><em><span >(AED mln)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >244.3</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >256.6</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+5%</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Net profit</span></strong><em><span >(AED mln)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >270.3</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >315.7</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+17%</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Number of shares</span></strong><em><span >(mln shares)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >--</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >EPS</span></strong><em><span >(fils/share)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >3.1</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >3.6</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+17%</span></span></span></p> </td> </tr> </tbody> </table> <div ></div> <p dir="ltr" ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="4" > <p dir="ltr" ><span ><span ><strong><span >DIPDC income statement from 2023-2025</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Period</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >2023</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >2024</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >2025</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Revenue </span></strong><em><span >(AED mln)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >838.0</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >892.1</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >959.7</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Net profit </span></strong><em><span >(AED mln)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >663.9</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >957.2</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1093.4</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Number of shares </span></strong><em><span >(mln shares)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,676.22</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >EPS</span></strong><em><span >(fils/share)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >7.7</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >11.0</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >12.6</span></span></span></p> </td> </tr> </tbody> </table> <div ></div> <table align="center" border="1" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="5" > <p dir="ltr" ><strong>Key balance sheet items development – AED mln</strong></p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Period</strong></p> </td> <td > <p align="center" dir="ltr" ><strong>2023</strong></p> </td> <td > <p align="center" dir="ltr" ><strong>2024</strong></p> </td> <td > <p align="center" dir="ltr" ><strong>2025</strong></p> </td> <td > <p align="center" dir="ltr" ><strong><span dir="LTR">Q2-2026</span></strong></p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Cash and cash equivalents</strong></p> </td> <td > <p align="center" dir="ltr" ><span dir="LTR">137.0</span></p> </td> <td > <p align="center" dir="ltr" >111.6</p> </td> <td > <p align="center" dir="ltr" >130.3</p> </td> <td > <p align="center" dir="ltr" >109.5</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Current assets</strong></p> </td> <td > <p align="center" dir="ltr" >806.7</p> </td> <td > <p align="center" dir="ltr" >563.0</p> </td> <td > <p align="center" dir="ltr" >887.1</p> </td> <td > <p align="center" dir="ltr" >674.7</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Non-current assets</strong></p> </td> <td > <p align="center" dir="ltr" >7,079.5</p> </td> <td > <p align="center" dir="ltr" >7,641.0</p> </td> <td > <p align="center" dir="ltr" >7,288.2</p> </td> <td > <p align="center" dir="ltr" >7,465.8</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Total assets</strong></p> </td> <td > <p align="center" dir="ltr" >7,886.2</p> </td> <td > <p align="center" dir="ltr" >8,204.0</p> </td> <td > <p align="center" dir="ltr" >8,175.3</p> </td> <td > <p align="center" dir="ltr" >8,140.5</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Short-term loans</strong></p> </td> <td > <p align="center" dir="ltr" >374.7</p> </td> <td > <p align="center" dir="ltr" >241.3</p> </td> <td > <p align="center" dir="ltr" >384.2</p> </td> <td > <p align="center" dir="ltr" >380.3</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Current liabilities</strong></p> </td> <td > <p align="center" dir="ltr" >1,006.6</p> </td> <td > <p align="center" dir="ltr" >860.2</p> </td> <td > <p align="center" dir="ltr" >1,263.4</p> </td> <td > <p align="center" dir="ltr" >1,083.4</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Long-term loans</strong></p> </td> <td > <p align="center" dir="ltr" >1,580.7</p> </td> <td > <p align="center" dir="ltr" >1,835.7</p> </td> <td > <p align="center" dir="ltr" >2,060.7</p> </td> <td > <p align="center" dir="ltr" >1,956.0</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Non-current liabilities</strong></p> </td> <td > <p align="center" dir="ltr" >1,813.3</p> </td> <td > <p align="center" dir="ltr" >2,100.3</p> </td> <td > <p align="center" dir="ltr" >2,360.0</p> </td> <td > <p align="center" dir="ltr" >2,261.5</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Total liabilities</strong></p> </td> <td > <p align="center" dir="ltr" >2,819.9</p> </td> <td > <p align="center" dir="ltr" >2,780.5</p> </td> <td > <p align="center" dir="ltr" >3,623.4</p> </td> <td > <p align="center" dir="ltr" >3,344.8</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Capital</strong></p> </td> <td > <p align="center" dir="ltr" >20.0</p> </td> <td > <p align="center" dir="ltr" >20.0</p> </td> <td > <p align="center" dir="ltr" >20.0</p> </td> <td > <p align="center" dir="ltr" >20.0</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Retained profits</strong></p> </td> <td > <p align="center" dir="ltr" >4,482.4</p> </td> <td > <p align="center" dir="ltr" >4,839.5</p> </td> <td > <p align="center" dir="ltr" >3,968.0</p> </td> <td > <p align="center" dir="ltr" >4,211.8</p> </td> </tr> <tr > <td > <p dir="ltr" ><strong>Total equity</strong></p> </td> <td > <p align="center" dir="ltr" >5,066.3</p> </td> <td > <p align="center" dir="ltr" >5,423.5</p> </td> <td > <p align="center" dir="ltr" >4,551.9</p> </td> <td > <p align="center" dir="ltr" >4,795.7</p> </td> </tr> </tbody> </table>

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Argaam - UAE News · Trade Publication

Published

19th October 2026

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argaam.com

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