EasyLease Records 92% Profit Surge in Nine Months

EasyLease Records 92% Profit Surge in Nine Months

Post by : Bianca Qureshi

Oct. 24, 2025 3:48 p.m. 246

Abu Dhabi, UAE – EasyLease PJSC, a subsidiary of International Holding Company (IHC), has reported a strong performance for the nine months ending 30 September 2025, delivering double-digit growth across key financial metrics.

Operating profit climbed 92% year-on-year to AED63 million, while total revenue surged 77% to AED516 million. The robust results were fuelled by sustained demand in the company’s mobility and logistics segment, especially in last-mile delivery serving e-commerce and food sectors.

Revenue from the core mobility and logistics business reached AED308 million, up 31% from the previous year. Segment profit also advanced 56% to AED36 million, reflecting higher fleet utilisation and solid customer retention.

EasyLease’s net profit rose 71% to AED48 million, supported by an increase in EBITDA of 67% to AED127 million, underscoring the company’s disciplined operational execution and efficiency-driven approach.

The company’s active rental fleet expanded by 40% during the nine-month period, driven by organic growth and strategic fleet additions to meet rising demand. Strong utilisation levels across its enlarged fleet helped sustain revenue momentum and stable margins.

A major growth milestone this year was the successful integration of Gallega Group Holdings DMCC, which enhanced EasyLease’s capabilities in logistics, warehousing, and supply chain management. The expanded service portfolio has created synergies across business lines and added depth to its value proposition.

Regionally, EasyLease continued to strengthen its footprint, following the launch of United Trans Jordan earlier this year. The company now operates across Saudi Arabia, Oman, Qatar, Kuwait, Bahrain, and Jordan—marking significant progress in its regional expansion strategy.

With consistent growth and strategic integration, EasyLease continues to consolidate its position as a leading player in the regional mobility and logistics landscape, well-placed to capture emerging opportunities across the GCC.

#Business News #Economic #Breaking

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