International Holding Company (IHC) has reported an 18% surge in 2023 revenue to reach Dh60 billion. The company attributed the growth to strategic acquisitions and improved financial performance across existing businesses, in line with the company’s strategic vision.
Preliminary net profit remained strong at Dh32.7 billion, underscoring the company’s robust profitability. Earnings per Share (EPS) also saw a substantial increase, doubling from Dh6.81 to Dh12.36, reflecting the value generated for shareholders.
IHC’s subsidiaries operate across various sectors, including real estate and construction, utilities, healthcare, food and agriculture, marine and dredging, and services. Additionally, the Group expanded its presence in hospitality, sustainability, AI and technology, financial services and asset management.
The commitment of IHC’s management, combined with strategic initiatives, positions the company for sustained success in the future.
