International Holding Company (IHC) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended 30 September 2025 rose to AED 84.6 billion, up 32% year-over-year, with net profit attributable to owners at AED 10.1 billion, down from AED 10.7 billion in the prior year.

• Major acquisitions included Arabian Farms, National Corporation for Tourism and Hotels, Good Energy Group, Al Jazira Poultry, Reem Finance, Emdad, Nammos Switzerland, Em Sherif, Alphamin Resources, and Castellano Investments.

• The group completed significant disposals, including PAL Cooling Holding and Reach Group SPV, and classified several operations as discontinued.

Financial highlights

• Gross profit for the nine months was AED 22.5 billion, up from AED 15.3 billion year-over-year.

• Basic and diluted EPS for the period was AED 4.63, compared to AED 4.89 in the prior year.

• Total assets increased to AED 462.1 billion from AED 401.8 billion at year-end 2024.

• Total equity rose to AED 267.8 billion from AED 244.4 billion at year-end 2024.

• Cash and cash equivalents at period end were AED 35.2 billion.

Outlook and guidance

• The group expects continued growth from recent acquisitions and ongoing expansion in core segments.

• A major merger of Multiply Group, Two Point Zero Holding, and Ghitha Holding is proposed, aiming for an asset base of AED 120 billion post-merger.