IHC Beats Year-on-Year Profit growth, Launches Huge AED 5 Billion Share buyback Program

• IHC Records exceptional 87.6% growth, surging to AED 8 billion net profit in Q1 2024

• Q1 Results driven by robust performance across key segments and strategic consolidation of key assets within the IHC Group
• IHC’s Total Assets base increased by 28.1% in Q1 2024 (vs. Q4 2023), to AED 338.4 billion
• IHC board approves AED 5 billion annual buyback program

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