ESG Stalions UAE (ADX: ESG), a diverse group involved in several sectors ranging from workforce solutions and real estate to interior design, manufacturing, agriculture, and landscaping, and a subsidiary of International Holding Company (ADX: IHC), has announced its financial performance for the first half of the year, registering an 11% year-on-year increase in revenues to AED 709.99 million compared to the same period in 2024.
Operating profit before tax also saw an 11% year-on-year rise to AED 131.77 million, reflecting the group’s ongoing momentum and enhanced operational efficiency.
The company maintained a robust financial position, with shareholders’ equity increasing by 7% since December 2024, now standing at AED 2.674 billion, while the book value per share rose to AED 10.70.
Positive Trajectory
Matar Suhail Ali Al-Yabhouni Al-Dhaheri, Chairman of the ESG Group, stated, “The results for this quarter highlight the continuous positive trajectory of the group and reaffirm our role as a reliable and innovative supporter across the sectors we serve. We are dedicated to implementing effective growth strategies that focus on innovation, empowering our teams, and expanding our operations both locally and regionally.”
Calculated Expansion
Kayed Ali Khurma, the Group’s CEO, added, “We are translating our vision into tangible achievements through calculated expansion, enhancing integration among our companies, and investing in our operational and production capabilities. These initiatives support our ambitions for sustainable growth and prepare us to capitalize on future opportunities in the markets we serve.”
The first half of this year witnessed several strategic initiatives reflecting the group’s long-term vision, including the launch of a new platform featuring specialized real estate companies, forming strategic partnerships for upscale residential projects, along with bolstering regional presence through the opening of new branches and expanding production capacities to meet the rising demand in the Gulf markets.