Abu Dhabi Hotels' Half-Year Profit Falls 68%
Abu Dhabi National Hotels' profits declined by 68% in the first half of 2026, reaching 80.1 million AED compared to 253 million AED in the same period of 2025. The company's revenues also decreased by 11%, totaling 1.54 billion AED. Additionally, first-quarter profits fell by 33% to 96.3 million AED, and the company's share of profits from joint ventures dropped by 71% to 2.3 million AED. These declines are attributed to the company's weak financial performance during the first half of the year.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)