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Binghatti Revenue and Profit Grow with Property Demand

Summary by AGBI
Developer Binghatti Holding said revenue more than doubled in the first nine months of 2025, supported by rising property sales and strong market fundamentals. Net profit for the January to September period surged by 145 percent year on year to AED2.7 billion ($735.2 million), thanks to prudent cost control and fiscal discipline, Binghatti said in a statement. Revenue reached nearly AED9 billion, up from AED3.8 billion a year earlier, on the bac…
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Key financial results for the first nine months of 2025: Net profit increased by 145% year-on-year to AED 2.66 billion. Revenue nearly tripled year-on-year to AED 8.96 billion. Gross profit increased by 143% to AED 3.95 billion, and EBITDA rose by 139% to AED 3.28 billion. Cash flow doubled to AED 7.7 billion, while the debt-to-equity ratio remained at a healthy 1.2x. Nearly 12,000 residential units were sold during the first nine months of 2025…

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PropertyNews.ae broke the news in on Wednesday, October 29, 2025.
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