Announcement • May 20
Gulf Hotels Group B.S.C. to Report Q2, 2026 Results on Aug 05, 2026 Gulf Hotels Group B.S.C. announced that they will report Q2, 2026 results at 1:00 PM, Arabian Standard Time on Aug 05, 2026 Reported Earnings • May 17
First quarter 2026 earnings released: EPS: ب.د0.005 (vs ب.د0.011 in 1Q 2025) First quarter 2026 results: EPS: ب.د0.005 (down from ب.د0.011 in 1Q 2025). Revenue: ب.د8.52m (down 18% from 1Q 2025). Net income: ب.د1.15m (down 53% from 1Q 2025). Profit margin: 14% (down from 24% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Mar 26
High number of new directors Non-Executive Director Suha Karzoon was the last director to join the board, commencing their role in 2025. Announcement • Mar 16
Gulf Hotels Group B.S.C. to Report Fiscal Year 2026 Results on May 13, 2026 Gulf Hotels Group B.S.C. announced that they will report fiscal year 2026 results on May 13, 2026 Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: ب.د0.043 (vs ب.د0.039 in FY 2024) Full year 2025 results: EPS: ب.د0.043 (up from ب.د0.039 in FY 2024). Revenue: ب.د43.0m (up 2.1% from FY 2024). Net income: ب.د9.78m (up 10% from FY 2024). Profit margin: 23% (up from 21% in FY 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 25
Dividend of ب.د0.025 announced Dividend of ب.د0.025 is the same as last year. Ex-date: 24th March 2026 Payment date: 9th April 2026 Dividend yield will be 6.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 24
Gulf Hotels Group B.S.C. announces Annual dividend, payable on April 09, 2026 Gulf Hotels Group B.S.C. announced Annual dividend of BHD 0.0250 per share payable on April 09, 2026, ex-date on March 24, 2026 and record date on March 25, 2026. Announcement • Feb 23
Gulf Hotels Group B.S.C., Annual General Meeting, Mar 18, 2026 Gulf Hotels Group B.S.C., Annual General Meeting, Mar 18, 2026, at 11:30 Arab Standard Time. Location: awal ballroom gulf hotel manama, manama Bahrain Board Change • Dec 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive & Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Dec 01
Gulf Hotels Group B.S.C. to Report Fiscal Year 2025 Results on Feb 24, 2026 Gulf Hotels Group B.S.C. announced that they will report fiscal year 2025 results on Feb 24, 2026 Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ب.د0.005 (vs ب.د0.005 in 3Q 2024) Third quarter 2025 results: EPS: ب.د0.005 (in line with 3Q 2024). Revenue: ب.د9.18m (up 2.6% from 3Q 2024). Net income: ب.د1.23m (up 15% from 3Q 2024). Profit margin: 13% (up from 12% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Board Change • Oct 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive & Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Sep 02
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive & Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Aug 18
Gulf Hotels Group B.S.C. to Report Nine Months, 2025 Results on Nov 12, 2025 Gulf Hotels Group B.S.C. announced that they will report nine months, 2025 results on Nov 12, 2025 Announcement • May 20
Gulf Hotels Group B.S.C. to Report First Half, 2025 Results on Aug 12, 2025 Gulf Hotels Group B.S.C. announced that they will report first half, 2025 results on Aug 12, 2025 Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ب.د0.011 (vs ب.د0.012 in 1Q 2024) First quarter 2025 results: EPS: ب.د0.011 (down from ب.د0.012 in 1Q 2024). Revenue: ب.د10.4m (down 2.7% from 1Q 2024). Net income: ب.د2.45m (down 8.0% from 1Q 2024). Profit margin: 24% (down from 25% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • May 11
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive & Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 07
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive & Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Mar 25
Gulf Hotels Group B.S.C. Approves Annual Dividend, Payable on April 10, 2025 G Gulf Hotels Group BSC announced that at its AGM held on 24 March 2025, the shareholders approved the distribution of cash dividends to shareholders at a rate of 25% of the paid-up capital, amounting to BHD 5,649,872, at a rate of 25 fils per share payable on April 10, 2025, ex-date on March 26, 2025 and record date on March 27, 2025. Announcement • Mar 12
Gulf Hotels Group B.S.C. to Report Q1, 2025 Results on May 13, 2025 Gulf Hotels Group B.S.C. announced that they will report Q1, 2025 results on May 13, 2025 Board Change • Mar 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive & Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Suha Karzoon was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 28
Full year 2024 earnings released Full year 2024 results: Revenue: ب.د42.2m (up 11% from FY 2023). Net income: ب.د8.86m (up 31% from FY 2023). Profit margin: 21% (up from 18% in FY 2023). The increase in margin was driven by higher revenue. Announcement • Feb 24
Gulf Hotels Group B.S.C. Announces Board Changes Gulf Hotels Group B.S.C. announced the appointment of Mrs. Suha Karzoon and Mr. Mohamed Ahmadi as non-executive members of its Board of Directors, representing Bahrain Mumtalakat Holding Co BSC (c) and replacing Mr. Nasser Aljalahma and Mr. Hesham Khonji, effective 21 February 2025. They shall serve for the remainder of the current election term, ending in March 2027. Announcement • Dec 30
Gulf Hotels Group B.S.C. Appoints Husain Al Shehab as A Member of Its Board of Directors Gulf Hotels Group B.S.C. announced the appointment of Mr. Husain Al Shehab as a member of its Board of Directors, based on the voting results of the latest Board of Directors' elections held during the Annual General Meeting on 25 March 2024. Mr. Al Shehab will serve for the remainder of the current election term, ending in March 2027. Announcement • Dec 09
Gulf Hotels Group B.S.C. to Report Fiscal Year 2024 Results on Feb 25, 2025 Gulf Hotels Group B.S.C. announced that they will report fiscal year 2024 results on Feb 25, 2025 Announcement • Sep 11
Gulf Hotels Group B.S.C. to Report Nine Months, 2024 Results on Nov 11, 2024 Gulf Hotels Group B.S.C. announced that they will report nine months, 2024 results on Nov 11, 2024 Announcement • Jun 15
Gulf Hotels Group B.S.C. to Report First Half, 2024 Results on Aug 12, 2024 Gulf Hotels Group B.S.C. announced that they will report first half, 2024 results on Aug 12, 2024 Reported Earnings • May 09
First quarter 2024 earnings released: EPS: ب.د0.012 (vs ب.د0.014 in 1Q 2023) First quarter 2024 results: EPS: ب.د0.012 (down from ب.د0.014 in 1Q 2023). Revenue: ب.د10.7m (flat on 1Q 2023). Net income: ب.د2.66m (down 14% from 1Q 2023). Profit margin: 25% (down from 29% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 20
Upcoming dividend of ب.د0.025 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 07 April 2024. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Lower than top quartile of Bahraini dividend payers (7.3%). Higher than average of industry peers (1.3%). Board Change • Feb 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Non-Executive Director Zain Al Amer was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: ب.د0.03 (vs ب.د0.03 in FY 2022) Full year 2023 results: EPS: ب.د0.03 (in line with FY 2022). Revenue: ب.د38.0m (up 8.4% from FY 2022). Net income: ب.د6.79m (up 1.7% from FY 2022). Profit margin: 18% (down from 19% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Jan 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. 4 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Andrew Day was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 16
Third quarter 2023 earnings released: EPS: ب.د0.003 (vs ب.د0.006 in 3Q 2022) Third quarter 2023 results: EPS: ب.د0.003 (down from ب.د0.006 in 3Q 2022). Revenue: ب.د8.37m (up 2.6% from 3Q 2022). Net income: ب.د682.4k (down 47% from 3Q 2022). Profit margin: 8.2% (down from 16% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Sep 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: ب.د0.005 (vs ب.د0.003 in 2Q 2022) Second quarter 2023 results: EPS: ب.د0.005 (up from ب.د0.003 in 2Q 2022). Revenue: ب.د8.64m (up 19% from 2Q 2022). Net income: ب.د1.11m (up 58% from 2Q 2022). Profit margin: 13% (up from 9.6% in 2Q 2022). The increase in margin was driven by higher revenue. Board Change • Jul 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 16
Gulf Hotels Group B.S.C. (BAX:GHG) signed an agreement to acquire Novotel AlDana Hotel and Resort from Al Jazeera Tourism Company B.S.C. for BHD 10million. Gulf Hotels Group B.S.C. (BAX:GHG) signed an agreement to acquire Novotel AlDana Hotel and Resort from Al Jazeera Tourism Company B.S.C. for BHD 10million on February 27, 2023. The Gulf Hotels Group B.S.C. has paid BHD 0.5million as of March 31, 2023. The acquisition is subject to completion of legal and regulatory formalities at a date to be mutually agreed between the Gulf Hotels Group B.S.C. and the Al Jazeera Tourism Company B.S.C. Board Change • Apr 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: ب.د0.006 (vs ب.د0.004 in 3Q 2021) Third quarter 2022 results: EPS: ب.د0.006 (up from ب.د0.004 in 3Q 2021). Revenue: ب.د8.16m (up 33% from 3Q 2021). Net income: ب.د1.29m (up 54% from 3Q 2021). Profit margin: 16% (up from 14% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 21
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 21
Upcoming dividend of ب.د0.02 per share Eligible shareholders must have bought the stock before 27 March 2022. Payment date: 10 April 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.8%. Within top quartile of Bahraini dividend payers (5.5%). Higher than average of industry peers (1.1%). Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ب.د0.015 (up from ب.د0.036 loss in FY 2020). Revenue: ب.د22.9m (up 16% from FY 2020). Net income: ب.د3.40m (up ب.د11.5m from FY 2020). Profit margin: 15% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Announcement • Mar 01
Gulf Hotels Group B.S.C. Recommends the Distribution of Cash Dividend for the Year Ending 31 December 2021, Payable on April 10, 2022 The Board of Directors of Gulf Hotels Group B.S.C. resolved, at its meeting held on 27th Feb. 2022, to recommend the distribution of cash dividend of 20% of share nominal value, equivalent to 20 fils per share amounting to 4,519,897 BD for the year ending 31 December 2021 to the shareholders whose names are registered on the company's register on the Record Date. This is subject to the approval of the company's shareholders on the upcoming Annual General Meeting. Ex-Dividend Date is 27th March 2022. Record Date is 28th March 2022. Payment Date is 10th April 2022. Announcement • Feb 08
Gulf Hotels Group Announces Resignation of Ron Peters as Deputy Chief Executive Officer Gulf Hotels Group announced the resignation of Mr. Ron peters form his position as the deputy chief executive officer due to personal reasons effective from 27 Jan. 2022. No body has been appointed to replace Mr. Ron peters. Board Change • Aug 05
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (7 non-independent directors). Non-Executive & Non-Independent Director Ahmed Janahi was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 