UAE Banks: Macro Outlook Rendering Valuations Attractive
UAE Banks are currently trading at median FY2025e P/B and P/E of 1.4x and 10.1x, respectively, undervalued compared to regional banks (2025e P/B...
184 Views
Fertiglobe - 1Q25 core attributable profit up 313% (+73% QoQ) to USD73mn; within estimates
The result was in line with our estimates where the higher-than-expected gross profits were offset by higher-than-expected non-controlling interest...
411 Views
Tabreed - 1Q25 Attributable Profit up 3% YoY (-20% QoQ) To AED115mn; in Line with Estimates
Tabreed posted 1Q25 attributable profit of AED115mn, up 3% YoY (-20% QoQ), in line with our estimates. The YoY uptick in profits was led by...
168 Views
Fertiglobe - 1Q25 Core Attributable Profit up 313% (+73% QoQ) To USD73mn
The result was in line with our estimates where the higher-than-expected gross profits were offset by higher-than-expected non-controlling interest...
182 Views
LuLu Retail Holdings - 1Q25 Earnings up 15.8% YoY (+7.7% QoQ) To USD70mn, in Line with Estimates
1Q25 earnings from continuing operations were recorded at USD70mn, up 15.8% YoY (+7.7%QoQ, in-line with estimates) Revenue up 7.3% YoY to USD2.1bn...
151 Views