GJH's semi-annual profit rises 13.33%
Gulf Financial House Group achieved an increase in its profits during the first half of the year, with net profits reaching $76.2 million (279.84 million AED), a rise of 13.33% compared to the same period last year. Total income also grew by 4.40%, reaching $309.81 million (1.138 billion AED). For the second quarter, profits amounted to $41.09 million, representing a 10.76% increase, with earnings per share rising to 2.21 cents. Overall, the group recorded growth in both revenues and profits, with increases in wealth management and investment income, and an improvement in earnings per share, despite a 1.97% decrease in equity to $1.01 billion by the end of June 2026.
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