StocksMediumUpdated•Originally published 11 November 2026•Updated 11 November 2026•
1 min read
AD Ports Group Profit Jumps 73% as Hormuz Closure Mitigation Efforts Succeed
Key Facts
1AD Ports Group reported a record Q3 net profit of Dh975 million, a 64% year-on-year increase.
2Group revenue rose 48% to Dh7.99 billion, while EBITDA grew 63% to Dh1.97 billion.
AD Ports Group net profit jumped 73% in the third quarter of 2026, driven by successful efforts to mitigate the impact of the Hormuz closure. Khaleej Times reported that group revenue rose 48% to Dh7.99 billion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 63% to Dh1.97 billion.
The financial results demonstrated operational resilience against regional shipping disruptions, with revenue growth helping to offset logistical challenges stemming from the strait's closure. Shares of ADPORTS showed positive momentum following these strong results which exceeded previous reports.