TIDM72KX

RNS Number : 3308V

ESIC Sukuk Limited

14 April 2021

ESIC Sukuk

EMIRATES STRATEGIC INVESTMENTS COMPANY - SOLE PROPRIETORSHIP L.L.C.

ANNUAL FINANCIAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2020

The Board of Emirates Strategic Investments Company - Sole Proprietorship L.L.C. (the "Company") is pleased to release the consolidated financial statements for the year ended 31 December 2020.

HIGHLIGHTS

-- Major revenue stream comprised of rental income, dividend income and share of profit from the joint ventures amounting to AED 244.76 million, AED 169.52 million and AED 36.09 million respectively for the year ended 31 December 2020.

   --    Profit for the year ended 31 December 2020 amounted to AED 180.64 million. 
   --    As at 31 December 2020, the Company's total equity was AED 7,582 million. 
   --    Financial Summary for the reported year is as follows: 
 
                               2020         2019 
                             AED '000     AED '000 
 EBITDA                      367,468      337,679 
                           -----------  ----------- 
 Total Revenue               510,431      438,634 
                           -----------  ----------- 
 Net Profit for the year     180,642      206,264 
                           -----------  ----------- 
 Total Assets               10,031,209   10,445,439 
                           -----------  ----------- 
 Total Equity               7,582,376    7,787,152 
                           -----------  -----------

To view the full annual report, please click on the following link

http://www.rns-pdf.londonstockexchange.com/rns/3308V_1-2021-4-13.pdf

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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END

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