Infracorp Achieves Net Profit of US$40 Million in Q1 2025 

July 17, 2025

Highlights:  

• Net Profit Before Borrowing increased by 25% compared with Q1 2024 

• AUM increased by 4% to US$ 1.9 bn in Q1 2025 

• Steady progress to complete the company’s projects in Morocco and India  

Infracorp B.S.C. (closed) has announced its financial results for the period ending on 31 March 2025. The company achieved a Net Profit Before Borrowing of US$12.8 million compared to US$10.2 million for the same period in the previous year, an increase of 25%. During the first quarter of 2025, the company generated revenues of US$40.1 million, an increase of 31% compared with the US$30.5 million recorded in the same period of 2024. 

The company’s assets under management also rose by 4% to US$1.9 billion in the first quarter of 2025, compared with US$1.8 billion for the year ended 31 December 2024.  

The company delivered strong performance across all sectors, with the development portfolio generating revenue of US$33.5 million in the first quarter of this year, compared with US$23.3 million in the same period of 2024, an increase of 44%, while the investment portfolio recorded revenue of US$3.7 million in the first quarter of this year, compared with US$4.7 million posted in the corresponding period of 2024. In addition, the operating portfolio achieved revenue of US$2.8 million in the first quarter of this year, compared with US$2.4 million in the same period of 2024.  

Chairman of the Board

Mr Hisham Alrayes

“The strong results achieved by Infracorp in the first quarter of 2025 reaffirm the strategic vision we have adopted, which centres on driving sustainable growth and enhancing long-term value for our shareholders and partners. During this period, we continued to focus on high-quality investments that contribute to economic and social development in the regions in which we operate, while maintaining our firm commitment to the highest standards of ESG practices.

We remain determined to be at the forefront of companies embracing sustainability practices and creating a positive impact in the communities we serve, while ensuring meaningful returns for our investors. We also emphasise the importance of continued innovation and the diversification of our investments across promising sectors, in alignment with the Kingdom of Bahrain’s vision and its aspirations to build a sustainable and prosperous economy.”

Board Member and CEO 

Mr Majed Al Khan

“Our financial results for the first quarter reflect the flexibility of our business model and our continued focus on striking a balance between growth and strong governance. We were able to strengthen our financial performance despite prevailing economic challenges, thanks to our focus on high-impact strategic investments and sustainable projects that enhance long-term returns and support our growth and institutional transformation objectives. 
We will continue to build on these solid foundations, guided by the Board of Directors’ vision for expansion and our continued focus on innovative sectors with significant economic and social impact. We also aim to diversify our investment portfolio and expand our presence in promising markets, enhancing the company’s resilience and ability to generate sustainable value. We are confident that the coming period will bring new, high-quality opportunities for growth and transformation. We will continue to invest our resources and expertise to seize these opportunities and achieve the aspirations of our valued shareholders and partners.”

Key achievements of business units in Q1 2025 

Infrastructure Sector 

• Significant progress was made in the construction phases of the California Heights project, which is set to become a symbol of sophistication and advancement within the California Village development in the Emirate of Dubai. 

• Collaboration with S Eleven Holding to expand the campus of the University of Strathclyde – Bahrain, as part of the Harbour Heights project, in support of academic infrastructure and the promotion of educational excellence. 

Retail Sector 

•  An agreement was signed with Harve, an innovative platform aimed at reshaping the hospitality landscape in the region by combining culinary innovation with immersive social experiences. 

Sustainability 

• Supporting the sports sector in the Kingdom through the sponsorship of Al Najma men’s handball team for the 2024–2025 season.