Syed Basar Shueb: “Our Q1 2025 performance reinforces the strength of IHC’s diversified model and the growing impact of our strategic investments across global markets. As we expanded our portfolio, we continued to drive improved operational performance and enhance recurring revenue streams, ensuring resilience and stability across our business segments.”

• Revenue increased by 41.1% year-on-year to AED 27.2 billion, supported by strong performance across core verticals.
• Group Profit After Tax reached AED 4.1 billion, with a Net Profit margin of 15.2%.
• Total Assets rose to AED 416.6 billion, reflecting portfolio expansion and strategic investments.
• Return on Equity stood at 9.9%, underscoring sustained value creation and disciplined capital allocation.

Syed Basar Shueb:“Our half-year results underscore our relentless execution of strategic objectives and our ability to outperform market growth across key segments locally and internationally. This exceptional performance reflects our team’s commitment to innovation and operational excellence, positioning us for sustained growth and agility through 2024 and beyond.”

• IHC deliverssignificant growth in first half of 2024 with revenue surging to AED 41.7 billion, a 46% increase vs. H1 2023.
• Net profit jumped18% to AED 12.3 billionyear-on-year.
• Operational excellence across all sectors highlighted H1 2024, with the Real Estate & Construction, Marine & Dredging, Hospitality & Leisure and Technology segments emerging as part of the key growth drivers.
• IHC shareholders approved ashare buyback program totaling up to AED 5 billion.

Abu Dhabi, UAE – 6August 2024: International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, announced outstanding results for the first half of 2024 with a net profit of AED 12.3 billion, marking an impressive 18% jump compared to the same period last year.