Strong Financial Performance Across Core Business Lines
GFH Financial Group B.S.C. (GFH) has announced its financial results for the second quarter and first half of 2025, showcasing strong profitability and sustained growth across its core business areas.
Net profit attributable to shareholders reached US$ 37.10 million in Q2 2025, up 10.38% compared with US$ 33.61 million in Q2 2024. Earnings per share rose 13.98% to US cents 1.06.
For the first six months of 2025, net profit attributable to shareholders stood at US$ 67.24 million, marking a 10.69% increase from US$ 60.75 million in the same period last year.
Comprehensive Income and Revenue Growth
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Total comprehensive income attributable to shareholders was US$ 51.7 million in Q2 2025, compared with US$ 31.41 million in Q2 2024, an increase of 64.62%.
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Total income reached US$ 186.12 million in Q2 2025, reflecting a 9.96% rise from US$ 169.26 million in the prior-year quarter.
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For the first half of 2025, total income grew 7.48% year-on-year to US$ 357.07 million.
Expenses and Asset Growth
Total expenses increased to US$ 91.91 million in Q2 2025, compared with US$ 74.69 million in the same quarter of 2024. For the first half, expenses rose 10.67% to US$ 181.35 million.
Despite higher costs, GFH strengthened its financial position:
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Total assets reached US$ 12.36 billion at 30 June 2025, up 12.06% from year-end 2024.
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Shareholders’ equity stood at US$ 1.00 billion, reflecting an increase of 2.21%.
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The Group now manages more than US$ 23.75 billion in assets and funds, spanning logistics, healthcare, education, and technology investments across the MENA region, Europe, and North America.
Chairman’s Remarks
Mr. Abdulmohsen Rashed Al Rashed, Chairman of GFH, stated:
“These results reflect the strength of our diversified business model. Growth in commercial and investment banking, alongside treasury and proprietary activities, has delivered higher profitability. Prudent risk management, strong liquidity, and a robust capital base continue to underpin our performance. Looking ahead, we are scaling platforms in logistics and healthcare, deepening our GCC and US presence, and enhancing digital capabilities to ensure sustainable returns for shareholders.”
CEO’s Outlook: Mr. Hisham Alrayes, CEO and Board Member of GFH, added:
“H1 2025 demonstrated operational momentum, with stronger financing income, proprietary flows, and improved treasury performance. We are tightening cost controls while investing in automation and digital transformation, including our conversational assistant on the GFH Investment Banking App. In H2 2025, we will deploy capital selectively into logistics and healthcare, deepen our partnerships, and strengthen our presence in Saudi Arabia and the UAE.”
Business Unit Highlights
Investment Management
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Increased stake in Seef Properties B.S.C. to 27.98%, enhancing exposure to Bahrain’s real estate sector.
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GFH Capital (KSA) signed a partnership with Al Tijaria (Kuwait) to strengthen logistics fund advisory and expand warehousing investments across the Gulf.
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Acquired real estate assets in KSA and UAE worth US$ 125 million, including a fully leased warehouse in Riyadh.
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GFH Partners (DIFC) with US-based partners acquired healthcare assets worth US$ 195 million across Texas, Arizona, and Colorado.
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Invested US$ 190 million in logistics and industrial assets, including fiber optic and transportation facilities.
Commercial Banking
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Subsidiary Khaleeji Bank reported a 9.26% rise in net profit to US$ 14.93 million in H1 2025.
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Total comprehensive income grew 26.75% year-on-year.
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Asset base expanded, with financing contracts up 13.46% and sukuk investments up 9.88%.
Treasury & Proprietary Investments
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Treasury and proprietary activities contributed US$ 118.55 million in Q2 2025 and US$ 181.17 million in H1 2025.
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Finance and treasury portfolio income reached US$ 144.11 million in H1 2025.
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Proprietary investment income totaled US$ 59.75 million in H1 2025.
ESG Highlights: GFH advanced its ESG strategy during Q2 2025:
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Partnered with Dubai Cares for the “Pack for Impact” initiative, assembling 2,000 school kits for underprivileged students.
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Ranked among the Top 3 ESG performers on the LSEG Index.
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Listed among Bahrain’s Top 50 Companies.
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First GCC investment bank to launch a conversational AI assistant within its investment app.
Outlook: GFH remains focused on scaling logistics and healthcare platforms, strengthening its presence in Saudi Arabia and the UAE, and delivering consistent, market-leading returns while maintaining robust governance and risk management practices.
