Dubai – Mubasher: Tecom Group registered net profits amounting to AED 403.42 million in the first quarter (Q1) of 2026, an annual growth from AED 360.86 million.
The basic and diluted earnings per share (EPS) recorded AED 0.08 in the January-March 2026 period, up year-on-year (YoY) from AED 0.07, according to the interim financial results.
Tecom generated 11% YoY higher revenues at AED 754.62 million in Q1-26, versus AED 679.73 million.
The ADX-listed group delivered a resilient first quarter financial performance in 2026, driven by strong demand across its specialized business districts and continued growth in its commercial and industrial portfolios.
CEO of Tecom Group, Abdulla Belhoul, said: “This performance is anchored in robust economic fundamentals and sustained by strong, steadily growing investor confidence built up over decades. Our Q1 performance reflects the resilience of the group’s business model, the diversification of our revenue base across our business segments, and our operational efficiency.”
In 2025, Tecom Group witnessed higher net profits at AED 2.08 billion, while the revenues amounted to AED 2.85 billion, driven by strategic portfolio expansion and robust performance across all business segments.
The group’s shareholders recently greenlighted the 2026 dividend policy, proposing AED 880 million in cash dividends.
