AD Ports net profit rises 16% to $572m

Abu Dhabi-listed AD Ports Group said its 2025 revenues and profit grew by double digits, driven by its regional and global expansion strategy.

Revenue surged 20 percent year-on-year to AED21 billion ($5.7 billion) last year, supported by the ports, economic cities and free zones and maritime and shipping clusters.

Net profit rose 16 percent annually to AED 2.1 billion ($572 million), the company said in a statement.

Group CEO Mohamed Juma Al Shamisi said the company’s customer base expanded by almost 20 percent during the year, while spending by its top 10 customers increased by nearly 40 percent.

Net assets rose 8 percent year-on-year to AED69 billion. Capital expenditure is estimated to reach AED2.5 billion in 2026, with nearly half allocated to the LPG and LNG storage terminals over 2026-2028.

Further reading:

• AD Ports to invest $38m in Jordan’s Aqaba in partnership deal
• AD Ports gets loan to develop Egypt’s Safaga terminal
• AD Ports raises $80m from sale of Kezad warehouses

Last year, the company announced plans with French global shipping line CMA CGM Group to expand their joint CMA Terminals Khalifa Port container facility in Abu Dhabi, less than a year after it opened due to high demand. 

Internationally, the port operator purchased equity stakes in container terminal operators in Egypt and Syria and unveiled plans with Egyptian partners to develop the 20 sq km Kezad East Port Said Industrial and Logistics Zone at the Mediterranean mouth of the Suez Canal.

Listed on the Abu Dhabi Securities Exchange (ADX) since 2022, AD Ports is 75.42 percent owned by ADQ, a unit of L’imad, an Abu Dhabi sovereign investment holding company.

Shares of the port operator closed nearly 5 percent lower at AED3.89 on Tuesday and are down 18 percent so far this year.