- Net Profit increased 38.2% YoY to AED 44.9 million, with profit margin improving to 11.3%.
- Revenue rose 14.8% YoY to AED 398.4 million, driven by sustained demand across mobility, logistics and delivery services.
- The Group’s total asset fleet expanded to more than 50,000 vehicles and mobility assets, supporting continued growth while maintaining strong utilisation levels.
EasyLease PJSC (ADX: EASYLEASE), the UAE’s leading provider of integrated mobility solutions and a subsidiary of IHC, today announced its financial results for the six months ended 30 June 2026, reporting a 38.2% year-on-year increase in net profit to AED 44.9 million and a 14.8% increase in revenue to AED 398.4 million.
The strong performance was driven by sustained demand across the Group’s mobility and logistics businesses, continued operational discipline and improved asset utilisation, resulting in profit margin expanding to 11.3% from 9.4% in H1 2025.
Gross Profit increased 28.2% YoY to AED 112.4 million, while Operating Profit rose 33.8% YoY to AED 58.0 million, reflecting improved operating performance and early contributions from the Etihad Rail shuttle operation.
EBITDA increased 38.9% YoY to AED 115.4 million, supported by higher asset utilisation, continued fleet expansion and improved operational efficiency across the Group.
Ahmad Al Sadah, CEO of EasyLease, commented: “Our performance in the first half of 2026 demonstrates the strength of EasyLease as an integrated mobility, logistics, services and technology platform. The breadth of our offering enables us to meet a wider range of customer needs, create greater value across our operations and adapt to evolving market opportunities. As we continue to scale, our focus remains on disciplined execution and delivering sustainable value for our shareholders.”
EasyLease’s integrated business model continues to support customers across multiple sectors through a broad portfolio of mobility, logistics, services and technology solutions. During the first half, the Group achieved several operational milestones that further strengthened its market position.A key milestone during the period was the launch of United Trans’ first-mile and last-mile shuttle operation supporting Etihad Rail’s national passenger network. The project involved the deployment of a purpose-built fleet integrated with train timetables through advanced telematics, providing seamless connections between major destinations in Abu Dhabi and the Mohammed Bin Zayed Passenger Train Station.
The total asset fleet surpassed 50,000 vehicles and mobility assets during the first half, supporting customer demand across the Group’s mobility and logistics businesses while maintaining strong utilisation levels.
The logistics business strengthened its end-to-end offering through the expansion of warehousing, yard capacity and land transport services, supporting growing customer demand and contributing to improved profitability.
Looking ahead, EasyLease will continue to invest in technology and operational capabilities that enhance efficiency, improve customer experience and support the Group’s next phase of growth. These investments will further strengthen its integrated mobility, logistics, services and technology offering.
