Market: Dubai Symbol: GULFNAV ISIN: AEG000601019 Industry: Transportation

Gulf Navigation Holding PJSC (GNH) is a fully integrated and synergized organization and a one-stop shop with a multi-functional business providing high quality services through its subsidiaries. It is the only shipping company listed in the Dubai Financial Market (DFM) since February 2007 under the symbol “GULFNAV”. The company is headquartered in Dubai, with own branch offices/warehouses inside port of Fujairah, Khorfakkan, Abu Dhabi and overseas office in the Kingdom of Saudi Arabia. GNH owns and operates a fleet of Chemical Tankers, Livestock transport vessels, Offshore support Vessels, Marine services and Ship repair operations. The company also provides innovative and comprehensive marine solutions and services. Moreover, as an ISO 9001:2015 certified company accredited by Bureau Veritas, GHN is committed to adhering to the requirements of the international management code for the safe operations of vessels, pollution prevention and environmental control including compliance with all the applicable international laws, regulations and requirements.

Key Figures (AED’000) 2020 2021 2022
Revenue 142,641 119,346 137,229
Gross profit/(loss) (520) 21,324 20,482
Profit/(loss) before income tax (282,777) 58,718 6,495
Profit/(loss) for the year (284,607) 56,888 4,665
Total assets 862,489 834,437 792,349
Total equity 317,949 374,837 423,144
Total liabilities 544,540 459,600 369,205
Net cash generated from operating activities 32,445 145,033 28,487
Net cash (used in)/from investing activities 2,349 (18,322) (2,427)
Net cash used in financing activities (44,480) (124,206) (17,998)
Basic and diluted earnings per share (AED) (0.279) 0.056 0.004