Alek Holding Company recently held its annual general assembly meeting, marking a significant milestone as it was the first such meeting since its historic listing in the fourth quarter of 2025. The gathering saw a strong turnout from shareholders to discuss the corporation’s performance and to approve several critical decisions.
During the meeting, the assembly approved the board’s proposal to distribute cash dividends totaling 250 million dirhams for the fiscal year 2025. This amount represents 36.4% of the net profit for that year and 500% of the company’s capital as of December 31, 2025. Shareholders registered in the company’s records by Friday, April 3, 2026, will be eligible for these distributions, which will be processed through the Dubai Financial Market, following established procedures.
The assembly also received a comprehensive presentation on the company’s strong financial position and operational performance. CEO Barry Lewis highlighted key points from the board’s report for the fiscal year ending December 31, 2025, which showcased robust and disciplined growth across all business sectors, reflecting the effectiveness of the operational strategy and the company’s ability to achieve sustainable performance.
Alek Holding reported revenues of 12.6 billion dirhams, representing a yearly growth rate of 56%. The total profit reached 1.3 billion dirhams, with a profit margin of 10.5%. Additionally, the company recorded strong free cash flow of 813 million dirhams, indicating high efficiency in cash generation and financial metrics that enhance its financial strength.
These results positively impacted operational performance indicators, showing an employee retention rate of 89% over a decade, demonstrating a stable work environment and the company’s attractiveness in talent acquisition and retention. Regarding occupational safety, the group reported a lost time injury frequency rate (LTIFR) of 0.097 per million working hours, reaffirming its commitment to the highest standards of health and safety across its operational sites.
In this context, Barry Lewis, CEO of Alek Holding, stated, “Our strong financial performance reflects the clarity of our strategic vision and our discipline in execution, along with the significant dedication of our teams. We have achieved continuous growth while maintaining solid profitability and stable cash flows, which reinforce the robustness of our business model.”
He further added, “The approval of the dividend distribution underscores our unwavering commitment to delivering sustainable value to our shareholders, while simultaneously continuing to invest in enhancing our operational capabilities and increasing the resilience of our business to support future growth.”