ESIC Sukuk Limited
EMIRATES STRATEGIC INVESTMENTS COMPANY - SOLE PROPRIETORSHIP L.L.C.
HALF YEARLY FINANCIAL REPORT
FOR THE PERIOD ENDED 30 JUNE 2024
The Board of Emirates Strategic Investments Company - Sole Proprietorship L.L.C. (the "Company") is pleased to release the interim condensed consolidated financial statements for the period ended 30 June 2024.
http://www.rns-pdf.londonstockexchange.com/rns/7718D_1-2024-9-11.pdf
HIGHLIGHTS
· Major revenue stream comprised of income from investment properties, dividend income and share of profit from the joint ventures amounting to AED 181.7 million, AED 250.6 million and AED 400.9 million respectively for the period ended 30 June 2024.
· Profit for the period ended 30 June 2024 amounted to AED 675.2 million.
· As of 30 June 2024, the Company's total equity was AED 9,501 million.
· Financial Summary for the reported period is as follows:
| H1 2024 AED '000 | H1 2023 AED '000 |
EBITDA | 799,262 | 539,211 |
Total Revenue | 964,606 | 639,336 |
Net Profit for the period | 675,243 | 417,700 |
Total Assets | 15,076,046 | |
Total Equity | 9,500,688 | |
Enquiries:
EMIRATES STRATEGIC INVESTMENTS COMPANY
Email: contact@esic.ae
Web: www.esic.ae
EMIRATES STRATEGIC INVESTMENTS COMPANY
Investor Relations
Phone: +971 2 444 1443
Email: s.almasqati@esic.ae
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