AD Ports Group Profit Jumps 88% To AED 836m

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MDT News Desk November 11, 2026

AED 836 Million Profit Marks Record Quarter for AD Ports Group

AD Ports Group reported a record net profit of AED 836 million ($227.6 million) for the second quarter of 2026, an 88 percent year-on-year increase despite operational disruptions across the Strait of Hormuz. Commercial shippers, regional logistics firms, and maritime operators saw the Abu Dhabi-listed entity absorb a 65 percent drop in local UAE port volumes by expanding overland transport, establishing emergency air links, and drawing on international terminal operations.

Maritime Revenue Soars 62 Percent as Alternative Logistics Offset Local Volume Decline

The group added 400 trucks to its fleet during the quarter and increased the frequency of cargo movements with Etihad Rail, alongside dedicated air cargo services for food and medicines to maintain regional supply chains. Strategic asset sales within Economic Cities & Free Zones, including warehouse divestments at KEZAD Abu Dhabi, contributed AED 650 million to revenue and AED 294 million to EBITDA, helping drive overall group revenue up 47 percent year-on-year to AED 7.08 billion. Revenue from the Maritime & Shipping cluster rose 62 percent to AED 3.82 billion, generating AED 1.03 billion in cluster EBITDA, while net profit attributable to owners of the company increased 86 percent to AED 597 million.

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Managing Director and Group CEO Captain Mohamed Juma Al Shamisi stated that the performance was anchored by the company’s landlord business model, elevated shipping rates, and trade route diversification across the UAE East Coast and international ports in Spain, Pakistan, Egypt, and Angola. The alternative logistical measures also helped offset a 23 percent decline in domestic polymer transport volumes during the period.

The financial results coincided with a proposal by Abu Dhabi sovereign investor L’IMAD, through its wholly owned subsidiary ADQ, to seek full ownership of AD Ports Group by offering AED 6.25 per share for the remaining 24.58 percent of equity it does not currently hold.

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💡 Quick FAQ & IntelligenceTap to Expand

Q: What were AD Ports Group's primary financial figures in Q2 2026?

AD Ports Group generated AED 7.08 billion in revenue (up 47% year-on-year), AED 1.74 billion in EBITDA (up 49%), and AED 836 million in total net profit (up 88%).

Q: How did AD Ports Group adjust operations during the Strait of Hormuz disruptions?

The company added 400 trucks, increased Etihad Rail transport frequencies, launched air cargo services for food and medicine, and redirected trade via UAE East Coast ports and international hubs in Spain, Pakistan, Egypt, and Angola.

Q: What cash offer was submitted for remaining AD Ports Group shares?

Abu Dhabi sovereign investor L’IMAD, via subsidiary ADQ which holds a 75.42 percent stake, launched a voluntary conditional cash offer of AED 6.25 per share to acquire full ownership.