Tag Archives: International Holding Company (IHC)

Ghitha Holding reports 11% Revenue Growth,totaling AED 3.67 billion for the first nine months of 2024

  • Revenue reached AED 3.67 billion – YTD Sep 2024, + 11% growth YoY
  • Gross Profit increased by AED 188 million, +36% growth YoY
  • EBITDA remains strong, representing ~ 10% of Revenue (Excl fair value changes in investment)
  • Total Assets increased to AED 9.4 billion (+33% vs. Dec 23)

Abu Dhabi, UAE – 25 October 2024: Ghitha Holding PJSC (ADX: Ghitha), Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has announced a solid AED 3.67 billion in revenue for the first nine months of 2024, showcasing an impressive 11% year-on-year (YoY) growth.

Falal Ameen, Group Chief Executive Officer of Ghitha Holding

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