IHC Reports 12.3% Drop in First-Half Profit to $2.9 Billion, Despite Higher Revenue
Abu Dhabi-based International Holding Company (IHC) announced that its net profit for the first half of 2025 dropped by 12.3% compared to last year, reaching $2.9 billion (AED 10.8 billion), even though the company made more money in total.
Higher Revenue, Lower Profit
Between January and June 2025, IHC’s revenue rose by 31% to $14.9 billion (AED 54.7 billion), thanks to strong performance from its main business areas.
However, profit that belongs specifically to IHC’s shareholders fell by 22.9%, down to $1.5 billion (AED 5.4 billion).
Strong Second Quarter
In the second quarter alone, IHC had one of its best performances ever. Revenue increased by 22.5% to $7.5 billion (AED 27.5 billion), and net profit jumped 56% to $1.8 billion (AED 6.7 billion), showing strong growth and good business strategy.
Earnings per share went up to $0.68 (AED 2.49), showing the company is managing its money well. Return on equity was 10.8%, meaning IHC is getting good value from its investments.
Business Segment Growth
IHC said the following sectors helped boost its growth:
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Real Estate & Construction: Brought in $6.2 billion (AED 22.6 billion), up 47.8%, and made up 41.4% of total revenue. Growth was due to strong demand and new projects.
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Marine & Dredging: Made $3.8 billion (AED 14.1 billion), up 10.8%, driven by more projects and international work.
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Hospitality & Leisure: Earned $1.3 billion (AED 4.9 billion), up 72%, helped by high demand and global investments.
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Financial Services: Revenue rose 21.4% to $490 million (AED 1.8 billion).
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Energy: Revenue soared 161.3% to $108.9 million (AED 400 million), showing strong growth in this area too.
Total Assets Grow
By the end of June 2025, IHC’s total assets had increased by 8.7%, reaching $118.9 billion (AED 436.9 billion), up from $109.4 billion (AED 401.8 billion) at the end of 2024.
Published: 6th August 2025
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