Alpha Dhabi Holding (ADH), the Abu Dhabi-headquartered investment group, recorded a first-half net profit of $1.8 billion (AED 6.6 billion) in 2025, representing a marginal 1% dip year-on-year, even as revenue surged significantly.
First-Half Financial Highlights
The net profit is consistent with last year’s earnings, which had included non-recurring income of $380 million (AED 1.4 billion). The company’s profit margin remained stable at 18%.
ADH’s revenue increased 23% year-on-year, reaching $9.8 billion (AED 35.9 billion), thanks to steady growth across its principal business lines including industry, real estate, construction, and services.
By segment, industrial operations generated $3.7 billion (AED 13.4 billion) in revenue, while real estate posted $3.5 billion (AED 12.8 billion), and construction delivered $1.8 billion (AED 6.6 billion).
Adjusted EBITDA grew 34% year-on-year to $2.4 billion (AED 8.7 billion) in the first half of 2025.
The company’s cash holdings stood at $9.2 billion (AED 33.7 billion) by the end of June, with net debt recorded at $1.4 billion (AED 5.3 billion).
Alpha Dhabi, which is placed 14th in Forbes Middle East’s Top 100 Listed Companies 2025, manages a diversified portfolio exceeding 250 companies across several sectors including renewable energy, healthcare, oil and gas, real estate, construction, and hospitality.
Crucial Quote
“We are well-positioned to keep building on this momentum, with growth remaining our top priority—in revenue, acquisitions, and profitability, as well as in capabilities, innovation, and impact—as we push the boundaries of what is possible throughout the rest of 2025 and beyond,” commented CEO Eng Hamad Al Ameri.
Big Number
Alpha Dhabi’s total assets reached $54 billion (AED 198.4 billion) as of June 2025—a 12% rise from the same time in 2024, driven by the performance of its expanding portfolio.