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Emirates Stallions Group net profit surges 316pc in 2023

Emirates Stallions Group, a UAE-based engineering and construction company and a unit of International Holding Company (IHC), has announced a record y-o-y net profit growth of 316% for FY 2023, thus marking a historic milestone in its growth trajectory.

Emirates Stallions H1 revenue up 81pc; net profit hits $163m

Emirates Stallions Group, a major engineering and construction company in UAE, has registered solid growth for the first half with a 81% jump in revenue which hit AED266 million ($72 million), while its net profit rose to AED597 million ($163 million).

UAE Business: Emirates Stallions H1 revenue up 81pc; net profit hits $163m

UAE Business: Emirates Stallions H1 revenue up 81pc; net profit hits $163m
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