Alec Holding has reported a net profit of 687 million dirhams for the fiscal year ending December 31, 2025, marking an impressive growth of 89% in its first annual financial results since going public on the Dubai Financial Market in October 2025.
The board of directors has approved a cash dividend distribution of 250 million dirhams, which is set to be paid out in April 2026. This represents an increase of 50 million dirhams compared to the previously announced 200 million dirhams, bringing the total dividends for 2025 to 335 million dirhams, including 85 million dirhams distributed in August 2025.
The company also announced planned dividend distributions of 500 million dirhams for the fiscal year 2026, to be divided into payments in October 2026 and April 2027, in line with its policy to distribute at least 50% of net profits.
For 2025, the earnings before interest, taxes, depreciation, and amortization (EBITDA) reached 1.106 billion dirhams, reflecting a year-over-year increase of 76%, while the profit margin expanded to 8.8%, compared to 7.8% in the previous year.
The company achieved record revenues of 12.604 billion dirhams during the 2025 fiscal year, demonstrating a growth of 56% year over year, fueled by strong execution rates across a high-quality project portfolio in various sectors of the group.
In the fourth quarter of 2025, net profit rose to 256 million dirhams, a yearly increase of 57%. Meanwhile, EBITDA amounted to 400 million dirhams, representing a 65% increase, with revenues reaching 3.698 billion dirhams, up 36% compared to the fourth quarter of 2024. Additionally, the net profit margin improved to 6.9%, while the EBITDA margin rose to 10.8%.
Total assets increased to 10.6 billion dirhams, up from 7.7 billion dirhams at the end of 2024, while cash and bank balances stood at 1.6 billion dirhams. Total loans and lease obligations decreased to 937 million dirhams, resulting in a net cash position of 637 million dirhams.