Net profit surges 86% as Amlak boosts revenue and cuts financing costs Last updated: May 13, 2026 | 03:22 Supplied Supplied DUBAI: Amlak Finance PJSC announced its quarterly financial results for the period ended March 31, 2026. The Company maintained its focus on the prudent management of its UAE operations and overall balance sheet. During the period, Amlak reported a net profit after income tax of Dh52 million, compared to Dh28 million in the corresponding period of 2025, representing a quarter-on-quarter growth of 86%. Get updated faster and for FREE: Download the Gulf News app now - simply click here . Amlak’s total revenue for Q1 2026 increased by 8% to Dh65 million, compared to AED60 million in the corresponding period of 2025. Revenue from financing and investing activities increased to Dh30 million from AED1 million in Q1 2025, primarily driven by higher placement of wakala deposits, which generated income of Dh28 million during the period.…