Abu Dhabi - Mubasher: Lulu Retail Holdings logged net profits amounting to $204.53 million in 2025, an annual drop from $249.19 million, according to the preliminary financial results.
The revenues increased by 4.10% to $7.93 billion last year from $7.62 billion in 2024, whereas the earnings per share (EPS) declined to 1.98 cents from 2.41 cents.
Lulu’s total assets reached $5.44 billion at the end of December 2025, compared to $5.45 billion a year earlier.
Saifee Rupawala, CEO of Lulu Retail, commented: “The year concluded with 20 new store openings, taking our total to 267 stores and delivering record revenue of almost $8 billion.”
“Our existing portfolio and growing e-commerce presence positions us to continue our disciplined expansion strategy across the GCC,” Rupawala added.
Cash Dividends
The board members proposed a dividend of $98.40 million for the second half (H2) of 2025, equating to 3.50 fils per share. This is in addition to the interim dividend of $98.40 million (3.50 fils per share), bringing the full-year dividend to $196.90 million, or 7 fils per share.
Meanwhile, the proposal will be presented to shareholders for approval during the annual general assembly meeting .
The CEO noted: “Our high cash generation and confidence in the outlook allow us to propose a H2 dividend of 3.50 fils per share, taking the total to 7 fils per share for 2025. This offers an attractive yield to shareholders, who we thank for their continued support.”
In the first nine months (9M) of 2025, the net profits of Lulu Retail amounted to $162.920 million, down 7.50% year-on-year (YoY) from $184.45 million.
