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DUBAI - FIVE Holdings (BVI) Limited reported a 9% increase in total revenue to AED 597 million for the second quarter of 2025, with EBITDA rising 13% to AED 210 million, according to a press release issued Tuesday.
The company’s hospitality segment drove the growth with a 22% increase in revenue to AED 548 million and a 31% jump in EBITDA to AED 207 million compared to the same period last year.
In contrast, the real estate segment saw a 50% decline in revenue to AED 49 million and a 76% decrease in EBITDA to AED 9 million for the quarter.
For the first half of 2025, FIVE Holdings posted total revenue of AED 1,093 million, up 21% from the same period in 2024, while total EBITDA increased 24% to AED 386 million.
The company maintained a strong liquidity position as of June 30, with cash and bank balances of AED 660 million, including AED 24 million in escrow, and an undrawn revolving credit facility of AED 734.5 million.
Total (EPA:TTEF) borrowings stood at AED 1,495 million, with total assets of AED 11,268 million and total equity of AED 6,934 million. The company has repurchased AED 84 million in bonds since issuance.
FIVE Holdings will host an investor conference call on Thursday to discuss the quarterly performance, with Chairman and Chief Executive Kabir Mulchandani presenting the consolidated results.
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