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2/18/25, 9:34 AM Al Ansari Financial Services’ Fourth Quarter and Full Year 2024 Financial Results - Middle East Business News and Information - m…
Business News
Al Ansari Financial Services’ Fourth
Quarter and Full Year 2024 Financial
Results
February 14, 2025 13
Financial and Operational Highlights.
Advertise here.
Q4’24 vs. Q4’23
Operating Income grew 9% year-on-year (YoY) to AED 294 million.
EBITDA dropped 2% YoY to AED 122 million with an EBITDA margin of 41% attributable to
increase in costs.
Profit before tax recorded AED 107 million in line with the profit reported in Q4 2023.
Net profit after tax declined by 9% YoY to AED 97 million due to introduction of corporate
tax.
FY’24 vs. FY’23
Operating Income increased by 2% YoY to AED 1,149 million.
https://mid-east.info/al-ansari-financial-services-fourth-quarter-and-full-year-2024-financial-results/ 1/9
