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FAB Keeps Dubai Investments PJSC at Hold After Q2 Results
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06:42 AM EDT, 08/20/2026 (MT Newswires) -- FAB Securities reiterated its buy rating on Dubai Investments PJSC (DFM:DIC), with a price target of 4 Emirati dirhams, as it took note of the company's second-quarter results. "Dubai Investments delivered a strong 2Q26 performance, with net profit attributable to owners increasing 42.2% YOY to AED 471 Mn, supported by higher contributions across the Company's core business segments," analysts said in a Thursday note. "The Company's diversified portfolio and resilient operating fundamentals continue to support earnings growth. The Company continues to strengthen its portfolio through targeted investments and expansion initiatives." For the second quarter, the company's attributable net profit of 471 million Emirati dirhams surpassed FAB's estimate of 203 million dirhams. Total income rose 19.4% year over year to 1.27 billion dirhams, against the research firm's 821 million-dirham forecast. "The Company maintained a strong financial position, with total assets increasing to AED 23.9 Bn as of June 2026, while cash and cash equivalents stood at AED 1.5 Bn as of June 2026. Management also highlighted its continued focus on scaling businesses with strong fundamentals, expanding into high-potential markets, and pursuing investments that enhance the long-term value of the portfolio," analysts added.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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