International Holding Company (IHC) reported Dh10.8 billion in profit after tax for the first half of 2025, up from Dh9.3 billion a year earlier, as revenue rose 31.1% to Dh54.7 billion.
Second-quarter profit reached Dh6.7 billion, a 55.3% increase from the same period last year, with revenue for the quarter rising 22.5% to Dh27.5 billion.
Real estate and construction led performance with Dh22.6 billion in revenue, contributing 41.4% of the total. The segment grew 47.8% year-on-year, supported by steady inventory demand and new project launches.
Marine and dredging activities brought in Dh14.1 billion, up 10.8% from the previous year, amid expanded project activity and international exposure. Hospitality and leisure revenue reached Dh4.9 billion, a 72% increase.
Financial services generated Dh1.8 billion in revenue, up 21.4%, while the energy segment saw Dh0.4 billion, a 161.3% jump.
Total assets stood at Dh436.9 billion as of 30 June, rising from Dh401.8 billion at the end of 2024. Earnings per share increased to Dh2.49, with return on equity at 10.8%.
The company attributed the growth to contributions across its diversified business lines and ongoing investment strategy.
In the first half of the year, IHC announced three major initiatives: the launch of infrastructure platform Gridora with ADQ and Modon; a reinsurance venture, RIQ, developed with BlackRock and Lunate; and a tie-up with ADQ and First Abu Dhabi Bank to issue a UAE Dirham-backed stablecoin.
CEO Syed Basar Shueb said IHC will continue deploying capital into high-potential sectors and scaling its operating model through regional and international partnerships.
