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Reading: With a growth of 38%.. Drake & Scull’s mid-term profits reach 9 million dirhams
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Business ReportsCompaniesEmirates

With a growth of 38%.. Drake & Scull’s mid-term profits reach 9 million dirhams

The group maintained a solid financial position during the period

Sami Zarqa
Last updated: 08/08/2026 2:35 pm
Sami Zarqa
Sami Zarqa
BySami Zarqa
News Editor
A professional journalist and writer, he has worked in the media and visual journalism field for over 20 years. During his career, he has covered various...
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With a growth of 38%.. Drake & Scull's mid-term profits reach 9 million dirhams
Gross profit margin expanded to 11% (Image/Agencies)
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Dubai, UAE – Drake & Scull International announced its consolidated financial results for the six-month period ending June 30, 2026. Achieving continued growth and stronger operational performance, despite the challenges facing the region.

The company’s net profits reached 9 million dirhams during the first half of 2026, a growth of 38% compared to 6.5 million dirhams during the first half of 2025. With an increase of 38% year-on-year, revenues jumped 98% year-on-year to reach AED 154.1 million. Compared to 77.9 million dirhams during the same period in 2025.

The company’s total assets amounted to AED 580.8 million, compared to AED 610.8 million on December 31, 2025. Total equity amounted to AED 194.7 million, compared to AED 195.4 million on December 31, 2025.

The group maintained a solid financial position during the period. Cash and bank balances amounting to 206.2 million dirhams contributed to maintaining a strong liquidity position.

The gross profit margin expanded to 11% compared to 7.6% in the same period of the previous year. Reflecting improved performance. 

TAGGED:corporate profitsDrake & Scull InternationalUAEVoice Of Emirates
SOURCES:Voice of the Emirates
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