The financial statements of the International Holding Company showed a significant increase in the company's profits by 309% in the second quarter of this year, on an annual basis.
According to the company's data for the Abu Dhabi Securities Exchange, the profits for the period amounted to 2.87 billion dirhams compared to the same period last year.
The company achieved profits of about 4.36 billion dirhams in the first half of this year, compared to 814 million dirhams for the same period in 2020, a significant increase also by 436%.< /p>
The company's half-revenue amounted to 9.93 billion dirhams, achieving a 304% jump in revenue growth compared to the same period last year.
Revenues for the second quarter jumped 339% to 7.65 billion dirhams, and total assets reached 58.32 billion dirhams, an increase of 44.30 billion dirhams from December 31, 2020.
The company's earnings per share jumped by about 235% in the first half, compared to the corresponding period last year.
The acquisitions made by the company also significantly strengthened the group's balance sheet, as total assets increased from 14.01 billion dirhams as on December 31, 2020 to 58.32 billion dirhams. As at the end of the first half of 2021, with a significant growth of 316.3%.
