Economy Local 2025-11-12T10:40:53+00:00

Emirates Steel Reports 28% Profit Growth for Q3 2025

Emirates Steel has announced its financial results for the first nine months of 2025. The group's revenue reached AED 6.5 billion, marking a 10% increase. Profit before interest, taxes, depreciation, and amortization (EBITDA) amounted to AED 823 million, reflecting a 28% growth.


Emirates Steel Reports 28% Profit Growth for Q3 2025

Emirates Steel has announced its financial results for the first nine months of 2025. The group's revenue reached AED 6.5 billion, marking a 10% increase compared to the same period last year. Meanwhile, profit before interest, taxes, depreciation, and amortization (EBITDA) amounted to AED 823 million, reflecting a 28% growth. The total sales of iron increased by 9% year-on-year, driven by strong demand in the UAE market and optimal utilization of production capacity. Sales of finished iron products surged by 21% year-on-year to reach 2,428 tons, while sales of cement and clinker recorded a 17% year-on-year increase, totaling 2,344 tons.