AD Ports Hits Record Profit Amidst Regional Shipping Challenges
AD Ports Group has demonstrated remarkable financial resilience, announcing a record third-quarter net profit of Dh975 million, a significant 64 percent jump compared to the previous year. Despite facing considerable headwinds caused by shipping disruptions in the Strait of Hormuz, the companyâs diverse business portfolio fueled a 48 percent revenue surge to Dh7.99 billion. Group CEO Dr. Afif Saif Al Yafei highlighted that while this period was one of the most testing in the firmâs two-decade history, their strategic shift toward end-to-end customer solutions and operational flexibility allowed them to successfully navigate the volatility.
To mitigate the impact of regional instability, the group aggressively implemented alternative trade routes and logistics solutions under the National Programme to Strengthen Supply Chain Resilience. By rerouting cargo to Fujairah and Khor Fakkan and establishing new land and air bridges, the company effectively minimized supply chain shocks for the wider GCC economy. Although volume data still reflects the regional challenges, the group saw strong recovery momentum quarter-on-quarter. Driven by massive growth in its maritime and logistics divisionsâsupported by a significantly expanded vessel fleet and strategic international acquisitions like Brazilâs CLIâAD Ports continues to solidify its position as a global logistics powerhouse.