Page 44 - ALEF EDUCATION PR RPEORT MAY 2025

same period. The company onboarded 13 owned and six managed aircraft in 1Q as well as sold 11
owned and four managed aircraft.

ALEF EDUCATION-
Alef Education reported a 2% y-o-y increase in net income to AED 115.3 mn in 1Q 2025,
according to its financial statements (pdf). The bottom-line performance was supported by
effective cost management and scalable growth, according to its earnings release (pdf). Revenues
rose 1.7% y-o-y to AED 179.7 mn, driven by strong performance in its education solutions
segments, while the support and services segment delivered stable revenue.
Dividends: Alef Education reiterated its plan to distribute AED 135 mn in dividends for FY 2025,
equivalent to around 10 fils per share for free float shareholders.

https://enterprise.news/uae/en/news/story/6b4ed684-e4bb-467e-9157-cbb59975cfaa/more-1q-
earnings:-mashreq-%257c-borouge-%257c-americana-%257c-dae-%257c-alef-education