SHUAA Capital Reports AED 196 Million Q1 2025 Profit

SHUAA Capital PSC (DFM: SHUAA), the region’s leading asset management and investment banking platform, today announced its financial results for the first quarter of 2025, highlighting a significant recovery by posting a net profit of AED 196 million for Q1 2025, reporting remarkable turnaround from a net loss of AED 161 million in Q4 2024. This result underscores the successful execution of SHUAA’s capital optimization strategy and a return to profitability at both core and reporting levels.

Key Highlights of Q1 2025 Financial Results:

• AED 196 Million Net Profit: A strong turnaround from a Q4 2024 loss of AED 161 million, driven by successful implementation of a comprehensive turnaround strategy.
• 46% Revenue Growth: A solid revenue increase with strong contributions from all areas of the business.
• Growth Across All Business Segments: SHUAA achieved growth in every area of its operations, highlighting the diverse strength of its business model.
• Capital Optimization Milestone: Successful completion of its capital optimization plan, reducing debt by over 60%.

The results for Q1 2025 reflect SHUAA Capital’s dedication to building a foundation for sustainable growth and long-term value creation for its shareholders. The completion of the capital optimization plan is a pivotal moment for the company, positioning SHUAA for continued success in the years ahead.

H.E. Badr Salim Al Olama, Chairman of SHUAA Capital, said: “We are pleased with the progress made in Q1 2025, and the successful completion of our capital optimization plan has set a strong foundation for future success. Moving forward, we are confident that SHUAA will continue to strengthen its leadership position in the region, driving value for our shareholders and contributing to the broader growth of the markets we serve.”

Wafik Ben Mansour, Group CEO of SHUAA Capital, said: “I am proud of our Q1 results, which reflect the collective efforts of the Board and Management to steer SHUAA back to profitability, following one of the most challenging periods in its history. As we look ahead, our unwavering focus will be on driving business growth, enhancing profitability, and delivering sustainable value to our shareholders. We are committed to repositioning SHUAA to its rightful place at the forefront of the industry.”