Gulf Hotels Group Company (B.S.C.) (“Gulf Hotels Group” or “the Group”), Bahrain Bourse trading symbol: GHG, today announced its financial results for the third quarter (the “Quarter”) and the first nine months of the year ending September 30, 2025 (the “Period”).
Results during the third quarter of 2025:
Gulf Hotels Group announced a net profit during the third quarter of the year 2025 amounting to 1.23 million Bahraini dinars, compared to 1.08 million Bahraini dinars in the third quarter of the previous year, an increase of 0.2 million Bahraini dinars, equivalent to 15%. The basic and diluted per share is 5 fils, compared to 5 fils in the third quarter of last year. Total comprehensive income reached 0.9 million Bahraini dinars, compared to 0.14 million Bahraini dinars for the third quarter of the previous year, with an increase of 0.8 million Bahraini dinars. Revenues for the third quarter amounted to 7.7 million Bahraini dinars, compared to 7.8 million Bahraini dinars for the same period last year, a decrease of 0.1 million Bahraini dinars, equivalent to 0.7%.
Within nine months of 2025, the company achieved the following:
Net profit amounted to 6.5 million Bahraini dinars compared to a profit of 5.9 million Bahraini dinars in nine months of the previous year, an increase of 0.58 million Bahraini dinars, equivalent to 10%. The basic and diluted per share amounted to 29 fils, compared to 26 fils in the nine months of last year. Total comprehensive income amounted to BD 6.04 million compared to BD 4.65 million for the nine months of the previous year, with an increase of BD 1.4 million, equivalent to 30%. Revenues amounted to 26.4 million Bahraini dinars, compared to 26.1 million Bahraini dinars for the same period last year, an increase of 0.3 million Bahraini dinars, equivalent to 1%.
Total equity (excluding minority interests) for the nine-month period ending September 30, 2025 amounted to BD 105.8 million compared to BD 105.5 million for the financial year ending December 31, 2024, an increase of BD 0.3 million, equivalent to 0.3%.
Total assets for the year to date amounted to BD 112 million compared to BD 113 million for the financial year ending 31 December 2024, a decrease of BD 1 million, equivalent to 1%.
On this occasion, the Chairman of the Group’s Board of Directors, Mr. Fawzi Kanoo, commented by saying: “The Group continued its growth during the third quarter of 2025. We achieved a net profit of 6.5 million Bahraini dinars, an increase of 10% compared to the same period last year, despite the usual seasonal decline in tourist traffic during the summer, which reflects the efforts of the executive management and all the company’s employees in effectively managing the group’s portfolio and enhancing operational efficiency. This continued growth confirms our ability to achieve sustainable performance and reflects our financial flexibility and strength.” Our operational operations. In light of these positive indicators, we continue to implement our strategic vision aimed at consolidating the Gulf Hotels Group’s position as a leading hospitality company that is growing and expanding at a confident pace, through developing and expanding our business and enhancing our presence inside and outside the Kingdom of Bahrain, in addition to investing in promising sectors that support diversification and sustainable growth plans. As we approach the end of the year, we are moving forward with stability and positive momentum, driven by our firm commitment to operational excellence and providing sustainable value to our shareholders and partners. “Both.”
Gulf Hotels Group CEO, Mr. Ahmed Janahi, confirmed: “The group achieved strong financial results during the first nine months of 2025, as we recorded a growth in profits of 15% during the third quarter and 10% during the first nine months of the year, which reflects the effectiveness of managing our diversified portfolio and our continued efforts to enhance operational efficiency and raise performance levels.”
Janahi added: “We recently concluded a strategic partnership with Abu Dhabi National Hotels – ADNH and Metro Global to establish (MFive Services) in the Kingdom of Bahrain, which is a company specialized in providing hotel management services with global standards based on efficiency and modern technology. This is the first step of its kind in the Kingdom, as it is directly linked to the hotel occupancy rate, and represents a qualitative addition to the hospitality sector by providing an advanced model that allows hotels to achieve higher levels of operational efficiency and improve Cost management.” He continued, saying: “We are preparing to launch our new brand, Gulf Catering, with confident steps that reflect our vision to expand catering services and cloud kitchens, while expanding our services to new sectors that include educational institutions, hospitals, companies, and major events, which reflects our strategy to diversify our business portfolio and enhance our presence in the hospitality sector. We are also continuing to expand our network of famous restaurants, as two new branches of “Takht Jamshid” restaurant will be opened soon in the Marassi Galleria complex in the Kingdom of Saudi Arabia. Bahrain and the Bayfront area in the city of Al-Khobar in the Kingdom of Saudi Arabia, which is a strategic step within our plans to expand into the Saudi market, to enhance our presence in the restaurants and hotels sector. In the same context, we continue to develop our technical system by launching the digital version of the group’s loyalty program (Prestige Club) supported by artificial intelligence technologies, in a move that aims to provide a smoother experience through one application with multiple advantages, in a way that enhances the guests’ experience and their benefit from the group’s various services. These expansion steps confirm our continued commitment to developing and diversifying our business Its will, which strengthens our position as a leading company in the hospitality sector.”
He concluded his statement by saying: “We look with optimism at the remainder of the year, in light of the promising indicators reinforced by the major events currently taking place in the Kingdom and those expected in the coming weeks, including the Asian Games and the World Endurance Championship hosted by the Bahrain International Circuit, and the Gulf Cooperation Council Summit, which will stimulate tourism and enhance economic activity in the Kingdom.”
The full set of financial statements and press releases are available on the Bahrain Bourse website: www.bahrainbourse.com
