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Zaha Hadid's profits rise again as turnover hits £49.6m

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Zaha Hadid’s practice has seen its turnover rise by nearly 5 per cent to £49.6 million and its profits after tax incease by more than 6 per cent, according to its latest company accounts

Figures published by Zaha Hadid Holdings for the year to 30 April 2015 show profits had gone up from £4.1million to £4.4million over the 12 months and that its workload had continued to grow strongly in Asia and the Middle East.

The region now makes up 41 per cent of the company’s turnover with its revenue in Asia shooting up from £12.4 million in 2014 to £16.8 million in 2015, while the turnover in the Middle East rose from £19.14 million in 2014 to £20.3 million in 2015.

However, despite the 2016 RIBA Gold Medal Winner’s repeated attempts to get more work in London, new schemes closer to home remain elusive for Hadid with the practice’s turnover in the UK falling from £983,356 to just £442,084.

Staff numbers have also slipped from 418 to 402 over the period.

 

 

 

 

 

 

 

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