Manama, Bahrain: Esterad Investment Co. B.S.C. (Trading Code: ESTERAD) has announced strong financial results for the second quarter of 2025, ending June 30, 2025. The company achieved a net profit attributable to shareholders of BD 1,041,757, marking an 18% increase compared to BD 885,853 in the same quarter of 2024.
This growth comes despite an 18% decline in total income, reflecting the company’s disciplined execution of its restructuring strategy and strong performance across its diversified global portfolio in private equity, public markets, and real estate.
Key Q2 2025 Highlights
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Net Profit: BD 1.04 million (↑ 18% YoY)
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Earnings Per Share: 6.4 Fils (up from 5.8 Fils in Q2 2024)
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Total Comprehensive Income: BD 1.18 million (↑ 308% YoY)
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Total Income: BD 2.23 million (↓ 18% YoY)
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Total Expenses: Reduced by 33%
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Interest Costs: Dropped 61% following deleveraging
The rise in profitability was primarily driven by effective cost management, including a substantial reduction in expenses and interest costs after strategic debt repayment.
First Half of 2025 Performance
For the first six months of 2025:
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Net Profit: BD 1.53 million (↑ 16% YoY)
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Earnings Per Share: 9.5 Fils (up from 8.6 Fils in H1 2024)
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Total Comprehensive Income: BD 1.71 million (↑ 100% YoY)
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Total Income: BD 4.09 million (↓ 13% YoY)
As of June 30, 2025, total equity attributable to shareholders stood at BD 43.14 million, slightly down from BD 43.38 million at the end of 2024. Total assets declined by 11% to BD 83.14 million due to portfolio restructuring and investment exits.
Strategic Progress and Outlook
Esterad continued its balance sheet deleveraging in line with strategic objectives, using proceeds from profitable investment exits to prepay debt early and strengthen financial stability. The company also completed partial exits from global listed equities, redeploying capital into higher-yielding, strategically aligned opportunities.
Board Chairman, Mr. Nabeel Noorudin, stated:
“Our results for the second quarter reaffirm Esterad’s ability to deliver resilient performance despite global challenges. We have made significant progress on our restructuring roadmap and are well-positioned to capture unique investment opportunities in the coming months.”
He added that several strategic transactions are targeted for completion in the second half of 2025, including niche opportunities in defensive sectors and high-yield real estate projects. The company also plans to resume construction and begin sales of a recently acquired real estate project in Bahrain.
CEO’s Perspective
Chief Executive Officer, Mr. Ahmed Abdulrahman, expressed satisfaction with the company’s sustained profit growth and stronger financial position. He highlighted the successful exit of global listed equities and reaffirmed commitment to activating newly acquired assets and repositioning key holdings for long-term value creation.
He also noted the positive momentum of Esterad Bank, which entered 2025 with strong capital and a healthy investment pipeline. The Bank is in advanced negotiations for three strategic acquisitions expected to close in Q3 2025.
Conclusion
Esterad’s Q2 2025 performance reflects a resilient growth strategy, effective cost control, and strategic asset repositioning. With a focus on higher-yield opportunities, the company remains well-prepared to deliver sustainable shareholder returns in the second half of the year.
