17 Hrs
Source:
الاقتصادية
Source: الاقتصادية
17 Hrsالاقتصادية
Source: الاقتصادية
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Emirati group Emsteel’s net profit surged 99% year on year to AED 190 million in the third quarter of 2026, despite cost pressures, geopolitical tensions and supply-chain disruptions. Revenue rose 15% to AED 2.5 billion, while earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 35% to AED 381 million, supported by improved steel prices and margins in both segments, as well as cost-control measures. In the first nine months of the year, revenue rose 9% to AED 7 billion and EBITDA climbed 61% to AED 1.3 billion.
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