
Abu Dhabi’s Lulu Retail posts 16% rise in Q1 net profit, beats estimate
UAE’s Lulu Retail Holdings Plc posted Q1 2025 net profit of $69.7 million, 16% higher year-on-year (YoY), supported by growth in e-commerce sales in the UAE. The result came above analysts’ mean estimate of $65 million, according to LSEG data. Revenue …