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Strong result driven primarily by subsidiary's solid performance and profitable business acquisitions in first half 2022; H1 total revenue climbs 121% to Dh21.93 bil...
IHC’s portfolio now includes 372 subsidiaries, an increase from 323 in Q1 of 2022
ABU DHABI, 8th August, 2022 (WAM) -- International Holding Company PJSC (IHC), a diversified Abu Dhabi-based conglomerate, has posted new record profits in the first half of 2022, as the company continues its aggressive investment strategy through a focused, high-conviction approach, targeting local and international business acquisitions with sustainable earnings and cash flow growth. The solid business performance across all IHC subsidiaries has resulted in a significant strengthening of the conglomerate’s balance sheet, as revenue grew by 121 percent to AED21.93 billion in the first...