Nasdaq Dubai-listed interior design and construction firm Depa posted a net income of AED 87.8 mn in 2024, after incurring a net loss of AED 44.4 mn the previous year, according to the company’s financial statements (pdf). The contractor saw its revenues rise 22.2% y-o-y to AED 1.3 bn, supported by strong growth in all the business units of the group, and its backlog stood at AED 2.1 bn at the end of the year in which it secured major contracts in the Emirates and Saudi Arabia (here and here).

Tags: