Gulf Navigation has experienced substantial financial growth for the year that ended on December 31, 2025, largely due to the successful acquisition and merger of Brooge Petroleum Investments during the past year, which aligns with the company’s ongoing strategic expansion and consistent improvement of its overall performance.
The company’s total profits increased to 179 million AED in 2025, compared to 170.8 million AED in 2024. Meanwhile, the net profit for the year stood at 14.7 million AED after all expenses related to financial and legal consulting for the acquisition were accounted for. This reflects a significant transformation and sustainable enhancement in operational performance, maintaining a positive momentum in the company’s business.
Total assets surged by over 80%, growing from 1.78 billion AED to 3.21 billion AED, bolstered by business expansion and an improved balance sheet position.
Additionally, shareholders’ equity saw a remarkable rise from 235.4 million AED to 1.16 billion AED, driven by a capital increase made during the year. This move has contributed, and will continue to enhance, the company’s financial standing and support its capacity for future growth.
Annual revenue climbed from 280.8 million AED at the end of 2024 to 308.5 million AED by the end of 2025, fueled by the integration of profits from the storage and leasing segments in the core petrochemical business and the continuous growth of the customer base.