BILDCO generates AED 46m revenue in 2025; accumulated losses hit 120.37% of capital
BILDCO
BILDCO -1.48% 1.33 -0.02
Abu Dhabi – Mubasher: Abu Dhabi National Company for Building Materials (BILDCO) reported AED 46.07 million worth of net revenues in 2025, which signaled a decline from AED 52.46 million in 2024, according to a bourse disclosure.
The company posted a consolidated net loss of AED 26.76 million in 2025, shifting from a profit of AED 12.86 million in 2024.
The earnings per share (EPS) stood at AED 0.01 in 2025, compared to AED 0.16 in the previous year, while total shareholders' equity was AED 77.74 million compared with AED 75.86 million as of 31 December 2024.
Moreover, the total profit reached AED 4.07 million in 2025, reflecting a decrease from AED 6.87 million in 2024.
The cost of sales amounted to AED 42 million as of 31 December 2025, compared to AED 45.59 million in the previous year.
In 2025, the listed company BILDCO carried out a capital increase through the issuance of 1.20 billion new shares, with post-increase ownership structure including the entry of a strategic partner with 80% shareholding. The company also approved a plan to boost steel plant capacity to 700 tons per day.
Accumulated Losses
BILDCO reported accumulated losses of AED 364.10 million as of 31 December 2025, which represented 120.37% of its paid-up capital.
The losses were due to 2008 expansion plans, 2019 legal proceedings, and economic challenges like COVID-19.
In 2025, BILDCO raised its capital, restructured operations, and formed a strategic partnership to address the accumulated losses. Additional measures included factory development, export expansion, and creditor settlements.
Source: Mubasher Source: {{details.article.source}}