Abu Dhabi – Mubasher: The International Holding Company announced that it achieved net profits during the first half of the year 2023, by about 10.4 billion dirhams, compared to profits of 10.35 billion dirhams in the first half of the year 2022.
The company’s revenues rose to 28.7 billion dirhams in the first half, a growth of 31 percent, compared to 21.9 billion dirhams, according to a press release issued today, Thursday.
Basic and diluted earnings per share during the 6 months amounted to 3.27 dirhams, compared to 2.42 dirhams in the same period last year.
The profits of the International Holding Company increased by 63 percent at the end of the first quarter of this year, compared to the profits of the same first quarter of last year.
The company stated in a statement that it achieved profits of 2.61 billion dirhams at the end of the first quarter of 2023, compared to profits of 1.60 billion dirhams at the end of the first quarter of 2022.
Al Alamiah Holding achieved gains from the exclusion of a subsidiary of 7.77 billion dirhams at the end of the first quarter of this year, compared to nothing at the end of the first quarter of last year.
The company’s profits increased by 72 percent by the end of 2022, to reach 12.65 billion dirhams, compared to 2021 profits of 7.34 billion dirhams.
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