The company has witnessed growth from all its verticals
Alpha Dhabi Holding one of the fastest-growing investment holding companies in the UAE, listed on the Abu Dhabi Securities Exchange has announced its financial results for the half-year ended 30 June 2022.
The Group reported yet another record-breaking set of financials results with H1-2022 net profit of AED 7.9bn (US$ 2.15bn), up significantly from the corresponding period last year of AED 1.7 bn (US$ 462.83mn). Revenues for the Group saw positive contributions and cross sector growth across its verticals year-on-year.
“Alpha Dhabi has witnessed growth and strong contributions from all our verticals. Our excellent financial and investment performance also represents the transformative year that we have had and provides us with a solid foundation to build and drive further value going forward,” stated Eng. Hamad Al Ameri, CEO, Alpha Dhabi Holding.
Over the last 12 months, Alpha Dhabi has continued to build scale, enhance diversification, balance its growing portfolio and deploy capital effectively through both organic growth and as well as strategic investments and acquisitions, a press statement concluded.