Emirati Investor IHC Reports Surge in First-quarter Profit as Revenue Jumps 33%
International Holding Co. (ADX:IHC), d/b/a IHC, reported a year-on-year surge in first-quarter attributable profit on Wednesday, aided by a 33.2% jump in revenue.Net profit for the three months ended March 31 attributable to owners of the global investment company expanded to 5.07 billion dirhams from 1.47 billion dirhams a year ago. EPS moved to 2.32 dirhams from 0.67 dirham.The Abu Dhabi-listed holding company, which counts Alpha Dhabi (ADX:ALPHADHABI), Two Point Zero (ADX:2POINTZERO), and Al Seer Marine (ADX:ASM) among its subsidiaries, said revenue grew to 31.45 billion dirhams from 23.61 billion dirhams.The active investor-operator generated 10.8 billion dirhams in revenue from its real estate and construction holdings. Revenue from marine and dredging reached 6.9 billion dirhams, while energy and mining contributed 5.4 billion dirhams amid expansion across mining and energy activities.IHC's total assets stood at 445.3 billion dirhams, a 3.9% increase from the end of 2025. Return on equity improved to 17.8%, while total debt rose to 94.8 billion dirhams to fund the group's growth initiatives."The Group will continue to prioritise high-performing platforms, scale its presence across strategic sectors, and deepen integration across its Dynamic Value Networks to unlock further value," IHC said.
