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IHC reports net profit of Dh1.5b


IHC reports net profit of Dh1.5b
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Filed on May 5, 2021
International Holding Company (IHC) has reported a net profit of Dh1.5 billion led by major contributions from its industrials and capital verticals.
The company posted its results for Q1 2021, with revenues in the first quarter of 2021 standing at Dh2.276 billion, up from Dh1.563 billion in Q1 2020. The significant improvement in net profit in absolute and percentage terms was mainly due to improved business performance and profits attributable to acquisitions and investments completed in the second half of 2020.
IHC’s total assets stood at Dh19.7 billion as at March 31, 2021, compared to Dh14 billion as at December 31, 2020. ....

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Abu Dhabi investment group IHC posts $618m revenue in Q1


Abu Dhabi investment group IHC posts $618m revenue in Q1
ABU DHABI, 9 hours, 19 minutes
ago
Abu Dhabi-based International Holding Company (IHC) has reported a net profit of AED1.5 billion ($408 million) for the first quarter compared to AED113 million ($30.7 million) last year, mainly driven by growth in the industrials and capital verticals.
 
A strategic investment company, IHC seeks to expand and diversify its holdings across a growing number of sectors, including real estate, agriculture, healthcare, food and beverage, utilities, industries, IT and communications, retail and leisure, and capital.
 
Announcing its financial results for the first three months ended March 31, IHC said its revenues surged to hit AED2.276 billion from last year s figures of AED1.563 billion. ....

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7 gợi ý để giảm áp lực cho tài mới khi đi trong phố giờ cao điểm

7 gợi ý để giảm áp lực cho tài mới khi đi trong phố giờ cao điểm
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How investors are valuing the pandemic – TechCrunch


How investors are valuing the pandemic
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here.
Ready? Let’s talk money, startups and spicy IPO rumors.
Kicking off with a tiny bit of housekeeping: Equity is now doing more stuff. And TechCrunch has its Justice and Early-Stage events coming up. I am interviewing the CRO of Zoom for the latter. And The Exchange itself has some long-overdue stuff coming next week, including $50M and $100M ARR updates (Druva, etc.), a peek at consumption based pricing vs. traditional SaaS models (featuring Fastly, Appian, BigCommerce CEOs, etc.), and more. Woo!  ....

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