International Holding Company (IHC) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended 30 June 2025 rose 31% year-over-year to AED 54.7 billion, with net profit attributable to owners at AED 5.46 billion, down from AED 7.08 billion in the prior year period.

• Total assets increased to AED 436.9 billion from AED 401.8 billion at year-end 2024, reflecting significant acquisitions and organic growth.

• The group completed multiple acquisitions across real estate, food, technology, financial services, and hospitality, expanding its portfolio and geographic reach.

Financial highlights

• Gross profit for H1 2025 was AED 14.99 billion, up from AED 10.12 billion year-over-year.

• Basic and diluted EPS for H1 2025 was AED 2.49, compared to AED 3.23 in H1 2024.

• Cash and cash equivalents at period end were AED 41.3 billion, up from AED 37.9 billion at year-end 2024.

• Net cash from operating activities reached AED 9.96 billion, a significant increase from AED 0.91 billion in H1 2024.

• Total equity rose to AED 257.5 billion, with non-controlling interests at AED 115.96 billion.

Outlook and guidance

• Management notes that interim results are not necessarily indicative of full-year performance.

• The group continues to pursue strategic acquisitions and asset growth, with further investments and partnerships expected post-period end.