Economy Local 2025-10-29T23:26:33+00:00

Borouge and Multipay Profit for the First Nine Months of 2025

Borouge PLC reported a 15% decrease in net profit for the first nine months of 2025, while Multipay Group shifted from a loss to a profit of AED 2.69 billion.


Borouge and Multipay Profit for the First Nine Months of 2025

Borouge PLC achieved a net profit of AED 2.82 billion (768.77 million dollars) in the first nine months of this year, compared to AED 3.33 billion (908.22 million dollars) in the same period last year, a decrease of 15%. Multipay Group recorded a net profit of AED 2.69 billion in the first nine months of 2025, compared to a loss of AED 2.5 billion in the corresponding period last year.