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IHC reports Dh27.2b revenue, Dh4.1b profit after tax in Q1 2025

IHC reports Dh27.2b revenue, Dh4.1b profit after tax in Q1 2025
6 May 2025 23:00

ABU DHABI (ALETIHAD)

International Holding Company (IHC) has reported robust first-quarter results for 2025, with revenue reaching Dh27.2 billion, up 41.1% from the same period last year, and profit after tax standing at Dh4.1 billion, a statement from the company said. The company’s net profit margin came in at 15.2%, underscoring the strength of its diverse investment portfolio.

The strong quarterly performance was led by IHC’s Real Estate segment, which recorded a 53.3% year-on-year (YoY) revenue increase, contributing over 42% of total revenue. The Marine & Dredging segment posted an 18% rise in revenue, while Hospitality & Leisure saw a 96.6% jump, supported by higher occupancy rates and sustained demand.

Total assets climbed to Dh416.6 billion by March 31, 2025, compared to Dh401.8 billion at the end of 2024. Real Estate & Construction assets alone increased to Dh170.7 billion, a 4.9% YoY rise.

CEO of IHC, Syed Basar Shueb, said, “Our Q1 2025 performance reinforces the strength of IHC’s diversified model and the growing impact of our strategic investments across global markets. As we expanded our portfolio, we continued to drive improved operational performance and enhance recurring revenue streams, ensuring resilience and stability across our business segments.”

He added that IHC is “shaping the industries of tomorrow through dynamic value networks” and remains committed to delivering long-term value for shareholders and stakeholders.

Founded in 1999 and headquartered in Abu Dhabi, IHC has grown to become the Middle East’s most valuable holding company, with a market capitalisation of Dh879.6 billion.

Its portfolio includes more than 1,300 subsidiaries across asset management, real estate, healthcare, financial services, and technology.

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