Doha, February 08 (QNA) - United Development Company (UDC), a Qatari public shareholding company announced its consolidated financial results for the year ended 31 December 2025, reflecting resilient financial and operational performance supported by diversified revenue streams, strong asset fundamentals, and disciplined execution across its diversified project portfolio.

In 2025, UDC recorded net profits of QAR 404 million, with total revenues amounting to QAR 1.93 billion, while net profit attributable to shareholders reached QAR 431 million. Basic earnings per share stood at QAR 0.122.

Based on these results, the Board of Directors proposed the distribution of cash dividends amounting to 5.5 percent of the nominal share value, reaffirming the Company's commitment to delivering sustainable and attractive returns to shareholders.

Commenting on the results, UDC Chairman Ahmed bin Ali Al Hammadi said that 2025 marked a defining phase in the Company's long-term journey, noting that despite a complex global environment, UDC delivered stable results.

He added that the Company's performance reflects a clear strategic focus on long-term value creation aligned with Qatar's national urban development priorities, highlighting the resilience and scalability of UDC's integrated development model.

Al Hammadi noted that The Pearl Island continues to serve as a mature, income-generating destination anchored by recurring revenues, while Gewan Island represents a strategic evolution of the Company's portfolio, enhancing asset value through premium residential, hospitality, and leisure offerings. He stressed that sustainability remains central to UDC's strategy, with continued integration of environmental responsibility, energy efficiency, and community well-being across operations.

For his part, UDC Chief Executive Officer Yasser Salah Al Jaidah said that 2025 was the year in which strategy moved firmly into action, with a clear focus on operational excellence, efficiency, community-centric service delivery, and embedding sustainability as a driver of performance and long-term value.

He noted that these priorities translated into strong occupancy levels, sustained leasing demand, rising visitor numbers, and a 92 percent customer satisfaction rate across core services.

On the operational and commercial fronts, UDC welcomed 54 million visitors across The Pearl Island and Gewan Island during 2025. The Company concluded 14,000 square meters of retail leasing transactions, sold over 100 residential units, and achieved retail occupancy rates of 84 percent at The Pearl Island and 99 percent at Gewan Island, reflecting sustained demand across its portfolio.

Gewan Island continued to advance as a premium waterfront destination, supported by strong residential sales, record retail occupancy, international recognition including Guinness World Records, and continued progress across hospitality, leisure, and infrastructure assets. Meanwhile, The Pearl Island maintained momentum through new residential developments, targeted infrastructure upgrades, enhanced mobility, and a diversified retail offering.

In the area of sustainability, UDC delivered measurable outcomes during 2025, achieving 1.7 billion kilowatt-hours in energy savings, avoiding 950 million kilograms of CO2 emissions, and reaching a 37 percent waste recycling rate, supported by multiple international accolades recognizing the Company's commitment to environmental stewardship.

Founded in 1999, United Development Company was listed on the Qatar Exchange in June 2003. The Company has an authorized share capital of QAR 3.5 billion and total assets of QAR 18.6 billion as at 31 December 2025. Its activities span key investment sectors including real estate development, property management, district cooling, infrastructure, utilities, and maritime and hospitality-related businesses. (QNA)