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IHC sustains positive momentum throughout Q3 2023 and delivers robust topline growth
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IHC Sustains Positive Momentum Throughout Q3 2023 And Delivers Robust Topline Growth
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ABU DHABI, 20th October, 2023 (WAM) – Palms Sports (ADX: PALMS), the global sports management company, the world's largest Jiu-Jitsu training provider, and a subsidiary of International Holding Company (ADX: IHC), unveiled its preliminary financial results for Q3 2023, culminating on September 30th, showcasing an impressive net operational profit of AED 88.1 million.Palms Sports demonstrates remarkable growth as revenue from contracts with clients skyrockets by 77% in Q3-2023, surging from AED 214.6 million (Q3-2022) to AED 337.6 million (Q3-2023). This notable upswing in revenue fuels.
ADQ, IHC s unit target shareholding in Q Holding to launch regional platform
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