Abu Dhabi – Mubasher: Eshraq Investments suffered lower net losses at AED 27.03 million in the first quarter (Q1) of 2025, compared to AED 306.05 million a year earlier.
Loss per share stood at AED 0.01 as of 31 March 2025, versus AED 0.11 in Q1-24, according to the consolidated interim financial results.
Revenue from commercial operations plummeted to AED 3.93 million in Q1-25 from AED 4.05 million in Q1-24.
Last year, the company’s net losses widened to AED 677.37 million from AED 545.10 million in 2023.