Market: Abu Dhabi Symbol: IHC ISIN: AEI000201014 Industry: Investment & Financial Services

Share Data
21/10/2020
Currency AED
Previous Close 39.10
Change (%) -0.26
Volume 3,740,306
Number of Shares (mil) 1,821
Market Cap (mil) 71,217.86

Company presentation

IHC was founded in 1998, as part of an initiative to diversify and grow non-oil business sectors in the UAE.

Listed on the Abu Dhabi Stock Exchange (ADX), IHC is now one of the region’s foremost investment holding companies with a global presence extending across the Middle East, Europe and the Americas. Recently, IHC entered the Forbes’ 2020 list of ‘The Middle East’s Top 100 Companies’.

IHC has a clear objective of enhancing its portfolio through acquisitions, strategic investments, and business combinations. Comprising more than 30 entities, IHC is continually seeking to expand and diversify its holdings across a growing number of sectors, including Healthcare, Real Estate, Agriculture, Food and Beverage, Utilities, Industries, IT and Communications, Retail and Leisure, and Capital.

With a core strategy to enhance shareholder value and achieve growth, IHC drives operational synergies and maximizes cost efficiencies across all verticals – it also continues to evaluate exciting investment opportunities through direct ownership and entering partnerships in the UAE and abroad.

As the world changes, and new opportunities arise, IHC remains focused on resilience, innovation and redefining the marketplace for our ourselves, our clients and our partners.

KEY FIGURES (AED’000)
2017
2018
2019
Income statement      
Revenue 421,139 570,241 1,259,073
Gross profit 48,548 79,327 338,648
Profit for the year 31,731 20,185 505,625
Profit for the year attributable to equity holders of the parent company 29,351 18,451 505,560
Balance sheet      
Total assets 672,183 791,154 3,978,149
Total liabilities 112,059 204,855 1,783,240
Total equity 560,124 586,299 2,194,909
Cash flow      
Net cash generated from operating activities 24,286 17,741 321,791
Net cash generated from/(used in) investing activities (5,548) (127,545) 885,992
Net cash used in financing activities (943) 26,033 (14,415)
Cash and cash equivalents at the end of the year 175,689 91,772 1,284,853
Key indicators      
Earnings per share (AED) 0.06 0.04 0.43