04:50 AM EST, 11/11/2026 (MT Newswires) -- Abu Dhabi Ports' (ADX:ADPORTS), d/b/a AD Ports Group's, third-quarter net profit surged 64% year over year to a new quarterly record despite a challenging geopolitical backdrop. The state-backed ports and logistics group's net profit for the three months ended Sept. 30 rose to 975 million Emirati dirhams from 596 million dirhams a year earlier, the company said Wednesday. Attributable profit increased to 767 million dirhams from 443.6 million dirhams, while revenue rose 48% to 7.99 billion dirhams, supported by double-digit growth across its four core business clusters. Free cash flow was negative 691 million dirhams in the third quarter, driven by the acquisition of Brazilian terminal operator Corredor Logística e Infraestrutura Group. Adjusted free cash flow was positive at 1.17 billion dirhams. AD Ports said it continued to consolidate alternative multimodal trade routes and operations across the United Arab Emirates to mitigate the impact of disruptions to shipping traffic through the Strait of Hormuz. The measures included rerouting of cargo operations and feeder shipping services to Fujairah Terminals and Khor Fakkan Port, deploying new land and air bridges, and setting up new warehousing and storage facilities. "By leveraging our trademark operational agility, we delivered double-digit, top-line growth during Q3 across our four core business clusters. Led by the sharp QoQ recovery of our Ports Cluster, which leveraged newly consolidated alternative multimodal trade routes and operations that we established across the United Arab Emirates as part of a national effort to strengthen supply chain resilience, and the timely expansions of our Maritime & Shipping and Logistics businesses, which demonstrated our commitment to customers in the challenging Gulf environment, AD Ports Group delivered exceptional results for shareholders, customers, and the people of the UAE," Group Chief Executive Afif Saif Al Yafei said. The company's shares were up marginally during midday trading in Abu Dhabi.

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