Emirates Stallions Group’s net profit rose 36% to AED255 million in the nine months to September 30, 2026, compared with the same period last year.
Revenue grew 23% to AED1.3 billion, the Abu Dhabi-listed subsidiary of International Holding Company said in a statement carried by the state news agency WAM on Thursday.
The company said the growth came from progress on its development projects and higher activity across its business lines.
Operational profit before tax rose 39% to AED291.3 million. Gross profit increased 20% to AED429.1 million.
Balance sheet
Total assets rose 13% to AED4.9 billion compared with December 2025. Total equity also rose 13%, to AED3.3 billion.
In the third quarter, the group launched the second phase of Radisson Residences in September and awarded the main works contract for its Seamont project.
Its other businesses, which include manpower and accommodation services, retail and manufacturing, also recorded higher activity, the company said.
“We see considerable value in the breadth of our operations, which allows us to maintain a presence across different sectors while pursuing a measured approach to expansion,” said Matar Suhail Al Yabhouni Al Dhaheri, chairman of Emirates Stallions Group.
Kayed Ali Khorma, the group’s chief executive officer, said the company would keep up the pace of project delivery in the fourth quarter.
