ADNIC reported a net profit of AED 235.28 million in H1 2025, an increase from AED 205.17 million in H1 2024. The company's insurance revenues rose to AED 4 billion, up from AED 3.29 billion in the same period last year. Earnings per share also improved, reaching AED 0.40 compared to AED 0.36 in H1 2024. The second quarter of 2025 saw net profits of AED 115.71 million, reflecting a year-on-year increase from AED 104.22 million in Q2 2024.
The CEO of ADNIC, Haris Mylonas, attributed the company's success to effective underwriting, cost management, and strategic growth initiatives. The positive financial results indicate strong performance across all key insurance and investment metrics, suggesting that ADNIC is well-positioned to capitalize on market opportunities. The growth in insurance revenues and profits highlights the company's resilience and operational efficiency in a competitive insurance landscape.
Why it matters
ADNIC's robust profit growth underscores its strong market position and operational effectiveness in the insurance sector.