|Market: Abu Dhabi||Symbol: IHC||ISIN: AEI000201014||Industry: Consumer Staples|
|Number of Shares (mil)||1,821|
|Market Cap (mil)||4,553.57|
IHC, a public joint stock company is a holding company with investments in diversified operating companies. IHC acquires, participate in companies, entities, projects through direct ownership, entering into partnerships and providing financing to such entities in UAE or abroad. Current business interests of IHC include: (i) real estate and contracting, including management, leasing and development of real estate, buying, selling real estate plots, contracting and landscaping; and (ii) fish farming / trading and processing, including investing in aquaculture projects, trading in fish and fish products and general trading of foodstuff; and (iii) investment interests in global procurement and processing entities for different varieties of animal feed.
As part of its strategy, IHC has considered various strategic initiatives to achieve growth in its revenues and profits, including diversification of investments and expansion of existing businesses in the UAE and abroad. As part of its strategy to add shareholder value and diversify its investments, IHC continues to evaluate various opportunities that provide increase in revenues and profits, reduce volatility.
|KEY FIGURES (AED’000)||
|Profit for the year||26,343||31,731||20,185|
|Profit for the year attributable to equity holders of the parent company||26,112||29,351||18,451|
|Net cash generated from operating activities||(3,398)||24,286||17,741|
|Net cash generated from/(used in) investing activities||(81,725)||(5,548)||(127,545)|
|Net cash used in financing activities||(4,318)||(943)||26,033|
|Cash and cash equivalents at the end of the year||157,894||175,689||91,772|
|Earnings per share (AED)||0.05||0.06||0.04|