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Amanat Holdings' Nine-Month Profit Rises 16% to AED145.3 Million

Growth at its UK care homes and special-needs education businesses lifted the Dubai-listed investor's revenue 23%, and it has now committed 60% of a AED1.5 billion growth plan.

By Nakoda News Desk

·2 min read

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Amanat Holdings reported a 16% rise in nine-month net profit, driven by its healthcare and education businesses.
Amanat Holdings reported a 16% rise in nine-month net profit, driven by its healthcare and education businesses.Photo: Emirates News Agency / Handout

Amanat Holdings, the Dubai Financial Market-listed healthcare and education investor, said on Friday that net profit for the first nine months of 2026 rose 16% to AED145.3 million, helped by more patients and students across its businesses.

Revenue for the period to September 30 grew 23% to AED767.1 million, the company said. Adjusted EBITDA rose 54% to AED260.7 million, lifting the adjusted margin to 34% from 27% a year earlier. Adjusted profit from continuing operations reached AED154.3 million, 2.1 times the figure for the same period of 2025.

The results show the company getting more earnings out of the money it has already put to work. Amanat said it has deployed or committed about AED900 million, or 60%, of its AED1.5 billion three-year growth strategy, which covers expansion of existing businesses, new projects and selective acquisitions, with a target return on equity of at least 10%.

Cambridge Health Group, its post-acute and long-term care business, increased revenue 26% to AED366 million and EBITDA 50% to AED103.1 million. Its profit rose to AED45.4 million from AED12.4 million. Average inpatient numbers were up 28% at 549, reaching about 570 in the third quarter.

After the period ended, Cambridge completed the purchase of UK-based Cornerstone Healthcare Holdings, adding 283 specialist care beds and taking its network past 1,000 beds. The company is aiming for more than 1,500 beds in the medium term.

Almasar Education, which runs special educational needs services, grew revenue 21% to AED401.1 million. EBITDA rose 36% to AED174.5 million and profit 28% to AED105.6 million. Student and beneficiary numbers increased 12% to 31,200, and the company said further enrolments after the period take growth for the 2026-2027 academic year to 14%. The business launched or acquired 11 new special needs facilities, seven of them under agreements or acquisitions completed after the reporting period.

Chairman Dr. Ali bin Harmal Aldhaheri called the Cornerstone deal a significant milestone in the group's international expansion. Chief executive John Ireland named three priorities: integrating Cornerstone, continuing the development of projects in Riyadh and Jeddah, and expanding specialised education services.

Amanat has already paid an interim dividend of AED75 million, equal to 3% of issued share capital. Its three-year dividend policy targets a minimum annual cash payout of 7 fils per share.

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TagsCompaniesFinanceStrategyHealthcareFinancial ServicesUAEGCCEurope

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