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Alec Holdings' Q3 Attributable Profit, Contract Revenue Rise
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07:26 AM EST, 11/11/2026 (MT Newswires) -- Alec Holdings (DFM:ALEC) logged 374.9 million Emirati dirhams in profit attributable to owners of the company for the third quarter, compared with 192.2 million dirhams a year ago. EPS moved to 0.075 dirham from 0.038 dirham year over year, a Wednesday filing showed. For the three months ended Sept. 30, contract revenue was 4.91 billion dirhams versus 3.54 billion dirhams previously, the Dubai-listed engineering and construction group added. Looking ahead, the company expects its revenue to grow between 45% and 50% for 2026. For the medium term, revenue is expected to increase at a compound annual growth rate of 7% to 8%.
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