GFH reports 18.2 percent rise in annual net profit attributable to shareholders

GFH Financial Group announced its financial results for the fourth quarter and full year ended 31 December 2025, reporting higher profitability supported by growth across its core business lines.

Net profit attributable to shareholders reached US $38.84 million in the fourth quarter of 2025, up from US $30.56 million in the same period of 2024, an increase of 27.1 percent. Earnings per share for the quarter rose to 1.09 US cents, compared with 0.84 US cents a year earlier.

The improvement was driven by stronger contributions from wealth and investment management, credit and financing income, and treasury and proprietary income activities.

Total income for the quarter stood at US $190.29 million, slightly higher than US $188.55 million in the corresponding period last year. Consolidated net profit for the quarter reached US $40.55 million, marking a 23.1 percent rise, while total expenses declined by 3.8 percent to US $149.74 million.

For the full year, net profit attributable to shareholders grew by 18.2 percent to US $140.11 million, compared with US $118.50 million in 2024. Earnings per share increased to 3.92 US cents from 3.27 US cents.

Total income for the year reached US $719.54 million, reflecting an 8.1 percent rise, while consolidated net profit stood at US $145.50 million, up 13.2 percent. Total comprehensive income surged by 51.2 percent to US $186.1 million.

Annual expenses rose by 6.9 percent to US $574.04 million. Total equity attributable to shareholders increased to US $1.02 billion at the end of 2025, compared with US $980.94 million a year earlier. Total assets expanded by 10.6 percent to US $12.20 billion.

In light of the results, the Board of Directors recommended cash dividends totaling 10.11 percent of nominal share value, subject to regulatory and shareholder approval.

The Group currently manages approximately US $23.63 billion in assets and funds across diversified sectors including logistics, healthcare, education, technology, and real estate in the MENA region, Europe, and North America.

GFH’s Chairman, Abdulmohsen Rashed Al Rashed, said the performance reflects disciplined capital allocation and operational management, supported by diversification and a broad geographic footprint. He noted that the Group continues to focus on strengthening efficiency and sustaining stable performance amid evolving market conditions.

Chief Executive Officer Hisham Alrayes said the results were supported by improved operating performance and stable income quality.

He added that the Group will maintain its focus on asset quality, product development, regulatory compliance, and balanced growth across core markets, while continuing to evaluate expansion and funding opportunities in line with its risk management framework.

Business Unit Highlights

The Group delivered solid performance and contributions across its core business lines during the fourth quarter of 2025.

Wealth & Investment Management

• Wealth & Investment Management activities generated income of US$34.23 million during the fourth quarter, supported by continued momentum across asset management and private investment activities.
• GFH Partners, the Group’s wholly owned subsidiary, acquired a majority stake in Devmark, strengthening the Group’s presence in the specialised investment services sector.
• Strengthened digital infrastructure through the implementation of a new Temenos core banking system and the modernization of key platforms, enhancing scalability, operational resilience, data integrity, and enabling more agile wealth and investment management.
• The Group participated as a cornerstone investor in the initial public offering of Mininglamp Technology, reflecting its focus on opportunities related to technology and data analytics.
• GFH Partners completed the acquisition of a majority stake in Byrne Equipment Rental LLC, one of the GCC’s leading industrial services and equipment rental providers with an investment and capex program valued at approximately US$ 400 million, strategically positioned to support the region’s rapidly growing project and infrastructure landscape.
• Gaw Capital and GFH Partners announced the launch of an industrial and logistics platform in the United Arab Emirates, targeting development opportunities in Jebel Ali Free Zone Authority (Javza), which is one of the world’s largest and most prominent free zones, located in Dubai, UAE. Established in 1985, it is a flagship entity of DP World, functioning as a major trade hub for over 11,000 companies and processing over 13 million tonnes as one of the leading ports in the world.
• GFH Partners invested in Cold-Link Logistics, supporting the Group’s expansion in the logistics and cold-chain services sector.

Credit & Financing Income:

• Our Commercial Banking and Private Credit vertical continues to generate consistent, risk-adjusted income by acting as a strategic lender to high-quality borrowers, middle-market enterprises, and specialized projects.
• Credit and Financing income for the year ended 2025 amounted to US$155.16 million, reflecting an increase of 38.9% compared with US$111.75 million in year 2024.
• The said income for the quarter reached US$52.0 million, compared with US$23.5 million in Q4 2024, marking a growth of 120.9%.

Treasury & Proprietary Income:

• Treasury and proprietary investment activities generated income of US$104 million during the fourth quarter of 2025, supported by effective portfolio management.

ESG Highlights

During the fourth quarter of 2025, the Group continued to implement its ESG strategy through initiatives and activities supporting sustainability and responsible corporate culture, including the following:

Participating in the World Economic Forum Annual Meeting in Davos, strengthening GFH’s global positioning and engagement alongside world leaders in shaping the future of finance, investment and economic transformation.

• Supporting youth entrepreneurship and innovation through thought leadership initiatives, including podcast platforms and knowledge-sharing content, aligned with the Group’s strategic focus on empowering future leaders and fostering entrepreneurial ecosystems.
• Hosting specialised knowledge sessions under the Group’s internal “Minds at Work” platform, focusing on sustainability, governance and responsible business practices, aimed at enhancing employee awareness and strengthening the Group’s ESG-driven corporate culture.
• Sponsoring and participating in innovation and management forums, including Manama Capital of Young Arab Entrepreneurs and the Sustainability Forum Middle East, supporting knowledge exchange and human capital development.
• Strengthening participation in global platforms focused on innovation and sustainable growth, including engagement in the Future Investment Initiative (FII), reflecting the Group’s commitment to responsible innovation and digital transformation.
• Continuing to enhance the Group’s standing in governance and sustainability through regional recognition, including the Best ESG Strategy Award from MEA Finance, reflecting the integration of ESG principles across the Group’s operations and corporate strategy.

The Group’s financial results in full and press release can be found at https://www.bahrainbourse.com/. Shares of GFH are traded under the ticker “GFH” on the Abu Dhabi Securities Exchange, Bahrain Bourse, Boursa Kuwait and Dubai Financial Market.