News & Press Releases
Gulf Hotels Group B.S.C. announces its financial results for the period of nine-months ended 30 September 2025
Gulf Hotels Group B.S.C (“GHG” or “the Group”) (Bahrain Bourse: GHG) today announced its financial results for the third quarter and first nine months of the year ended 30 September 2025 (“the period”).
The company has achieved the following, during the Third Quarter of 2025:
Net Profit of BD 1.23 million compared to a Net Profit of BD 1.08 million in the third quarter of the previous year, with an increase in profit of BD 0.2 million representing 15%.
Earnings per share is 5 fils similar to 5 fils in the third quarter of last year.
Total comprehensive income of BD 0.9 million compared to BD 0.14 million for the third quarter of the previous year, with an increase of BD 0.8 million.
Revenue for the third quarter was BD 7.7 million, compared to BD 7.8 million for the same period last year, with a decrease of BD 0.1 million representing 0.7%.
The company has achieved the following, during the nine months of 2025:
Net Profit of BD 6.5 million compared to a Net Profit of BD 5.9 million in the nine months of the previous year, with an increase of BD 0.58 million representing 10%.
The earnings per share are 29 fils compared to 26 fils in the nine months of last year.
Total comprehensive income of 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 representing 30%.
Revenue of BD 26.4 million, compared to BD 26.1 million for the same period last year, with an increase of BD 0.3 million representing 1%.
The total equity (excluding minority interests) for the period of nine months ended 30 September 2025, was BD 105.8 million compared to BD 105.5 million for the financial year ended 31st December 2024, with an increase of BD 0.3 million representing 0.3 %.
The total assets for the YTD reached BD 112 million compared to BD 113 million for the financial year ended 31st December 2024, with a decrease of BD 1 million representing 1%.
Chairman of Gulf Hotels Group, Mr. Fawzi Kanoo, stated: “The third quarter of 2025 financial results reflect the continued strength and resilience of our diversified portfolio. The Group delivered a net profit of BD 6.5 million, representing a 10% increase compared to the same period last year, despite the traditionally slower summer season; a reflection of the joint commitment of the executive management and employees to optimize the Group’s portfolio and uphold operational excellence. We continue to pursue our strategic objectives by driving organic growth across our diverse business portfolio and expanding our footprint in Bahrain and Saudi Arabia. Looking ahead, we remain confident in the Group’s position trajectory. As we approach the end of the year, the Group moves forward with steady momentum, driven by its commitment to operational excellence and the creation of sustainable value for all stakeholders.”
Chief Executive Officer of Gulf Hotels Group, Mr. Ahmed Janahi, affirmed: “We are pleased to report another strong quarter for Gulf Hotels Group, achieving solid year-on-year profit growth of 15% for the quarter and 10% for the nine-month period. These results underscore the resilience of our diversified portfolio and the effectiveness of disciplined financial and operational management.”
He added: “The Group has recently entered into a strategic partnership with Abu Dhabi National Hotels (ADNH) and Metro Global to establish MFive Services, a Bahrain-based company designed to deliver high-quality, cost-efficient, and technology-enabled housekeeping and cleaning solutions for hotels, resorts, and serviced residences, the first initiative of its kind in the Kingdom of Bahrain. In parallel, we are in the process of launching “Gulf Catering,” the Group’s new dedicated catering and food production arm, extending our expertise beyond the hotel sector into large-scale food services for schools, hospitals, corporate clients, and major events. The Group also continues to reinforce its portfolio of homegrown flagship brands through the forthcoming openings of two Takht Jamsheed branches, at Marassi Galleria in Bahrain and Bayfront in Al Khobar, Saudi Arabia, representing a key step in the execution of our regional
growth strategy.”
He continued: “The Group is also advancing its digital transformation with the rollout of the AI-powered Prestige Club App, an integrated loyalty platform that leverages data intelligence to deliver faster, smarter, and more personalised guest experiences. The platform is designed to deepen customer engagement across the Group’s portfolio while placing Gulf Hotels Group at the leading edge of digital transformation. These achievements reflect our long-term vision to strengthen Gulf Hotels Group’s position as a leading hospitality company built on innovation, diversification, and sustainable growth.”
He concluded: “Looking ahead, the outlook for the remainder of the year remains positive, supported by major events such as the Asian Games, the FIA World Endurance Championship (WEC) at the Bahrain International Circuit, and the GCC Summit, all of which are expected to further stimulate tourism and hospitality demand in the Kingdom.”
The full set of financial statements and the press release are available on Bahrain Bourse’s website: www.bahrainbourse.com
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For more information, contact:
Noor Alhayki
Head of Corporate Communications and Marketing
Gulf Hotels Group
Tel: (+973) 17746333
Mobile: (+973) 37911777
Noor.alhayki@gulfhotelsgroup.com
www.gulfhotelsgroup.com
About Gulf Hotels Group
Gulf Hotels Group BSC is a public limited liability company quoted on the Bahrain Stock Exchange incorporated in 1967, under the name of Bahrain Hotels Company. The Group is chaired by Mr. Fawzi Kanoo and is led by a Board of distinguished, well-established, and influential businessmen. The vision of the then Bahrain Hotels Company was to provide a standard of hospitality unrivalled on the Island, which was duly delivered with the opening of Bahrain’s first 5-star property, the Gulf Hotel. 56 years later, this philosophy remains the same although the Group has continually expanded and upgraded its services to meet the modern-day demands.