Al Ramz nine-month profit rises to AED 47.437 million

Al Ramz Corporation's profit attributable to owners rose to AED 47.437 million in the first nine months of 2026, from AED 32.386 million a year earlier.

Al Ramz nine-month profit rises to AED 47.437 million

Al Ramz Corporation Investment and Development (DFM: ALRAMZ) reported profit attributable to owners of AED 47.437 million for the nine months ended 30 September 2026, compared with AED 32.386 million a year earlier, in interim figures reviewed, not audited, by Deloitte & Touche (M.E.).

What happened

Al Ramz Corporation Investment and Development PJSC (DFM: ALRAMZ) reported profit attributable to owners of the company of AED 47.437 million for the nine months ended 30 September 2026, compared with AED 32.386 million in the same period of 2025, according to its interim condensed consolidated financial information.

The figures were reviewed, not audited, by Deloitte & Touche (M.E.), whose review report is dated 2 November 2026. The comparative 2025 interim information was reviewed by another auditor.

Profit for the period after tax was AED 47.167 million, against AED 32.386 million a year earlier, and non-controlling interests recorded a loss of AED 0.270 million. Total income, net, was AED 150.139 million, compared with AED 114.217 million, and profit before tax was AED 51.501 million, against AED 35.670 million. Basic and diluted earnings per share were AED 0.086, compared with AED 0.059.

For the third quarter alone, profit for the period after tax was lower at AED 11.335 million, compared with AED 13.552 million a year earlier.

Why it matters

In its results statement, Al Ramz said net profit rose 46% year on year to AED 47.2 million, a rounded figure that matches profit after tax rather than profit attributable to owners, and described "record nine-month revenues of AED 150.1 million, an increase of 31%."

What to watch next

The company said its priorities are to expand its role in regional capital markets, develop its asset management franchise and continue enhancing its Digital Financial Mall platform, with further investment planned in automation, data and artificial intelligence.

Sources

  1. DFM filing: Al Ramz interim condensed consolidated financial information for the nine months ended 30 September 2026 feeds.dfm.ae
  2. DFM filing: Al Ramz Q3 2026 press release feeds.dfm.ae