Abu Dhabi – Mubasher: International Holding Company (IHC) logged higher net profits after tax at AED 25.46 billion in 2024, compared to AED 32.95 billion in 2023.
Revenues hiked by 54.40% to AED 92.75 billion last year from AED 60.08 billion in 2023, according to the unaudited financial results.
Total assets amounted to AED 401.65 billion as of 31 December 2024, up 52% year-on-year (YoY) from AED 264.27 billion.
Earnings per share (EPS) hit AED 7.08, supporting the company’s strategy to focus on ongoing value-accretive investments in 2024, which are expected to drive enhanced shareholder returns.
During the first nine months (9M) of 2024, IHC achieved an annual hike of 18.30% in net profit after tax to AED 18 billion, compared to AED 15.22 billion.
