Emsteel announced a net profit of AED 188 million for the first half of 2025, marking a 7.7% increase compared to AED 174.5 million during the same period in 2024.
Revenue rose by 9% to reach AED 4.3 billion, up from AED 3.956 billion in the first half of the previous year. This growth was driven by strong operational performance and continued momentum in the UAE construction sector, in addition to Emsteel’s solid presence in the local market.
Sales of finished steel products grew by 24% year-on-year, reaching 1.616 thousand tons, supported by strong demand and full utilization of production capacity. This enabled the company to convert semi-finished products into finished goods that effectively meet market needs.
Despite a 4% year-on-year decline in average steel prices and a decrease in semi-finished product sales, which accounted for 9% of the steel business unit’s revenue in the first half of 2024, the company maintained 9% revenue growth, reflecting the robustness of its operating model.
Eng. Saeed Ghumran Al Remeithi, CEO of Emsteel Group, commented:
“Our strong first-half results for 2025 reflect Emsteel’s resilience in adapting to ongoing global market fluctuations. The 9% revenue growth and continued strength in EBITDA are a testament to the success of our operational strategy.”
