International Holding Company (IHC) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue AED 100,466,095 thousand and profit AED 32,450,029 thousand; profit attributable to owners AED 21,164,771 thousand.

• Profit growth was strongly influenced by AED 19,348,405 thousand of fair-value gains on financial assets carried at fair value through profit or loss.

• Deloitte’s interim review concluded that nothing came to its attention indicating the financial information was not prepared, in all material respects, under IAS 34.

Financial highlights

• 9M revenue AED 100,466,095 thousand vs AED 75,434,829 thousand YoY; gross profit AED 25,271,873 thousand vs AED 18,661,675 thousand.

• 9M profit from continuing operations AED 32,450,029 thousand vs AED 17,354,699 thousand; total profit AED 32,450,029 thousand vs AED 19,500,245 thousand.

• Q3 revenue AED 35,610,336 thousand vs AED 27,215,981 thousand; profit AED 6,224,913 thousand vs AED 8,698,653 thousand YoY.

• 9M net investment and other income AED 24,207,463 thousand vs AED 7,691,056 thousand, including fair-value gains of AED 19,348,405 thousand vs AED 3,144,313 thousand.

• 9M total comprehensive income AED 26,271,339 thousand vs AED 20,770,160 thousand; other comprehensive loss was AED 6,178,690 thousand, mainly reflecting fair-value and currency movements.

Outlook and guidance

• Nine-month results are not necessarily indicative of results for FY 2026.

• Post-period agreement to acquire 90% of Azura Power Holdings, subject to completion of legal formalities; proposed 80% acquisition of Marlan Space remains subject to regulatory approvals.