Gulf Hotels Group reports solid financial growth in H1 2025 with 9% rise in net profit

BAHRAIN – Gulf Hotels Group (GHG) has announced its financial results for the six-month period ending June 30, 2025, highlighting positive growth across key performance indicators compared to the previous year.

The company demonstrated resilience and steady progress amid evolving market conditions.

For the second quarter of 2025, GHG recorded a net profit of BD 2.8 million (US$7.42 million), marking an increase of BD 0.7 million (US$1.86 million) or 29.7% from BD 2.1 million (US$5.57 million) in the same quarter last year.

Earnings per share (EPS) rose to 12 fils, up from 9 fils in Q2 2024.

Total comprehensive income for the quarter stood at BD 2.6 million (US$6.89 million), up 39% from BD 1.8 million (US$4.77 million), reflecting improved operational efficiency and revenue growth.

The revenue for Q2 2025 totaled BD 10.1 million (US$26.77 million), an increase of 7% or BD 0.7 million (US$1.86 million) from BD 9.4 million (US$24.91 million) in Q2 2024.

For the first half of 2025, the group achieved a net profit of BD 5.2 million (US$13.78 million), an increase of BD 0.42 million (US$1.11 million) or 9% year-on-year, compared to BD 4.8 million (US$12.72 million) for the same period in 2024.

EPS grew from 21 fils to 23 fils during this period.

Total comprehensive income for six months rose by 21% to BD 5.1 million (US$13.52 million) from BD 4.2 million (US$11.13 million) last year, underscoring the group’s sustained profitability.

Revenue reached BD 18.7 million (US$49.56 million), up slightly by 2% or BD 0.3 million (US$0.80 million), compared to BD 18.4 million (US$48.76 million) in the first half of 2024.

GHG’s total equity, excluding minority interests, was BD 105 million (US$278.25 million) at June 30, 2025, showing a marginal decrease of 0.6% or BD 0.7 million (US$1.86 million) from BD 106 million (US$280.90 million) as of December 31, 2024.

This slight reduction reflects the company’s capital deployment strategies while maintaining a strong equity base.

The results illustrate Gulf Hotels Group’s ability to maintain steady growth and profitability amid challenging macroeconomic factors.

The company’s focus on operational excellence, strategic portfolio management, and expanding hospitality offerings continues to drive financial performance and shareholder value.

GHG remains well-positioned to leverage emerging opportunities in the Gulf region’s hospitality sector, supported by ongoing demand for premium hotel experiences and growing tourism activities in its key markets.

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