|Market: Abu Dhabi||Symbol: IHC||ISIN: AEI000201014||Industry: Investment & Financial Services|
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 100 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.
|Previous Close||146.00||Number of Shares (mn)||1,821.43|
|Change (%)||-0.27||Market Cap (mn)||265,928.57|
|KEY FIGURES (AED Mn)||
|Profit for the year||20||506||3,015|
|Profit for the year attributable to equity holders of the parent company||18||506||2,869|
|Net cash generated from operating activities||18||322||2,416|
|Net cash (used in) generated from investing activities||(128)||886||(124)|
|Net cash used in financing activities||26||(14)||(110)|
|Cash and cash equivalents at the end of the year||92||1,285||3,460|
|Earnings per share (AED)||0.04||0.43||1.58|