Tag Archives: IHC Announces Strong Nine-Month YTD 2024

IHC Announces Strong Nine-Month YTD 2024 Results with 49.4% Revenue Growth to AED 64.0 Billion and AED 18.0 Billion Profit After Tax

Syed Basar Shueb: “With strong momentum heading into the fourth quarter, we are positioned to capitalize on further opportunities while remaining focused on operational excellence and long-term value creation. I am confident that this trajectory will continue to reinforce IHC’s commitment to delivering enhanced shareholder value.”

  • Revenue for nine-month YTD 2024 reached AED 64.0 billion, reflecting a substantial 49.4% year-on-year growth.
  • Profit After Tax for the period increased by 18.3%, totaling AED 18.0 billion
  • Total assets expanded to AED 382.9 billion, a 44.9% increase since December 2023, supported by strategic investments and strong asset growth.
Continue reading IHC Announces Strong Nine-Month YTD 2024 Results with 49.4% Revenue Growth to AED 64.0 Billion and AED 18.0 Billion Profit After Tax