International Holding Company (IHC) has demonstrated exceptional financial performance in the first nine months of 2025, with revenue reaching AED84.6 billion ($23 billion), marking a significant 32.3 percent year-on-year increase. The company’s net profit rose to AED19.5 billion ($5.3 billion), reflecting an 8.3 percent growth from the same period last year.
Key financial highlights include:
- Third-quarter revenue of AED29.9 billion, up 34.6 percent year-on-year
- Net profit surge of 53 percent to AED8.7 billion in Q3
- Gross profit margin expansion from 23.9 percent to 26.6 percent
- Total assets increased 15 percent to AED462.1 billion
IHC’s CEO Syed Basar Shueb attributed these results to disciplined portfolio management and a diversified business model. The company’s strategic investments span multiple sectors, including:
- Real estate and construction: 50.4 percent revenue increase to AED34.1 billion
- Marine and dredging: 11.1 percent growth to AED21.6 billion
- Hospitality and leisure: 65.4 percent surge to AED7.3 billion
In a significant move, IHC has explicitly denied market speculation about selling its stake in Aldar Properties. The company emphasized its long-term commitment to the real estate developer, aligning with its strategy of maintaining sector concentration below 20 percent of total assets.
Recent strategic transactions include acquiring a 56.23 percent stake in Alphamin Resources and a 69.33 percent stake in Reem Finance, demonstrating IHC’s continued expansion and investment approach.
