AD Ports Group posts record Q3 profit

AD Ports Group reported its highest quarterly net profit since its 2022 listing. Net profit reached AED 596 million in Q3 2025, up 34% year on year. Strong cargo volumes, higher industrial land leases, and rising shipping activity supported the performance.

Strong Momentum Across Core Operations

The Group continued to build on its 2025 growth trajectory. Ports, Economic Cities & Free Zones, and Maritime & Shipping all delivered strong operational results.

General cargo volumes and container throughput increased at double-digit rates. Container feeder volumes rose 31%. Warehouse and staff accommodation utilisation also improved sharply.

Simplified Structure to Boost Efficiency

AD Ports Group reshaped its organisation by integrating the former Digital cluster into a federated model. The Group now operates through four clusters: Ports, Economic Cities & Free Zones, Maritime & Shipping, and Logistics.

The change aims to accelerate AI adoption, enhance performance, and align digital services more closely with business needs.

Performance Amid Global Trade Disruptions

The Group maintained service reliability despite global supply chain challenges and shifting tariff regimes.

Ports and Economic Cities & Free Zones remain the backbone of AD Ports Group’s infrastructure-led strategy, while Maritime & Shipping and Logistics provide end-to-end customer solutions.

CEO: ‘Our Strongest Quarter Since Listing’

Managing Director and Group CEO Captain Mohamed Juma Al Shamisi said the record quarter reflects the success of the Group’s international expansion strategy. He highlighted robust growth in cargo volumes, land leases, and shipping activity.

He added that the Group continues to navigate geopolitical volatility while pushing forward with sustainable initiatives and long-term value creation.

Cluster Highlights

Ports

Quarterly container throughput rose 20% year on year. General cargo volumes grew 12%.

At Khalifa Port, CMA Terminals approached 1 million TEUs year-to-date, with quarterly utilisation at 87%.

Economic Cities & Free Zones

The Group signed 800,000 m² of new industrial land leases in Q3. Total leases for the first nine months reached 2.4 km².

Staff accommodation utilisation at Sdeira Group increased to 85%, up from 64% a year earlier.

Maritime & Shipping

Container feeder volumes reached 900,000 TEUs, up 31%.
The shipping fleet expanded to 43 vessels, compared with 29 a year earlier.
Marine services added 10 vessels, bringing the total to 76.

Financial Highlights

Revenue rose 16% to AED 5.39 billion.
EBITDA held steady at AED 1.20 billion, with a 22.3% margin.
Profit before tax increased 17% to AED 595 million.
Earnings per share grew 52% to AED 0.09.
Net debt-to-EBITDA improved to 4.4x from 4.6x.
CapEx reached AED 1.69 billion, mainly for new vessels in Maritime & Shipping.
Operating cash flow was AED 735 million, affected by higher working capital needs and the UAE’s first corporate tax payment.

Key Developments in Q3 2025

Ports

Signed a dredging agreement in Karachi to expand container and cargo capacity.
Began upgrade works at Noatum Ports Luanda in Angola, increasing capacity to 350,000 TEUs by 2027.

Economic Cities & Free Zones

Q Mobility will develop and operate an 84,000 m² truck-parking facility in KEZAD Musaffah.

Maritime & Shipping

Ordered two 780-TEU container vessels from Baku Shipyard for Caspian Sea routes.

Post-Quarter Updates

Sold a land plot in KEZAD Al Mamoura to Mira Developments for AED 2.47 billion.
China Southern Glass announced a AED 300 million manufacturing facility in KEZAD.
Khalifa Port climbed to 39th in the Lloyd’s List 2025 Top 100 Ports ranking.
Signed 50-year agreements with Nimex Terminals to develop LNG and LPG hubs at Khalifa Port.
Sold two built-to-suit warehouses to Aldar for AED 570 million.

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