23 Hrs
بوابة الفجر
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بوابة الفجر

2026-11-12T20:53:30.000Z

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Revenue and Profit Rise

Revenue and Profit Rise

Binghatti Holding announced that revenue for the nine months ended September 30, 2026, rose 66% to AED 14.9 billion, while net profit increased 65% to AED 4.4 billion—exceeding its full-year 2025 profit of AED 3.6 billion. Sales rose 11% to AED 14.2 billion. The company completed five projects and delivered around 2,600 units, with a further eight projects expected to be completed by year-end. Contracted revenue not yet recognized in the accounts totaled AED 16.4 billion and is expected to be recognized over the next one to three years.

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