TIDM72KX

RNS Number : 4026L

ESIC Sukuk Limited

05 September 2023

ESIC Sukuk Limited

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

HALF YEARLY FINANCIAL REPORT

FOR THE PERIOD ENDED 30 JUNE 2023

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 2023.

HIGHLIGHTS

-- Major revenue stream comprised of income from investment properties, dividend income and share of profit from the joint ventures amounting to AED 165.545 million, AED 179.182 million and AED 231.929 million respectively for the period ended 30 June 2023.

   --    Profit for the period ended 30 June 2023 amounted to AED 417.7 million. 
   --    As of 30 June 2023, the Company's total equity was AED 8,981 million. 
   --    Financial Summary for the reported period is as follows: 
 
                               H1 2023      H1 2022 
                               AED '000     AED '000 
 EBITDA                        539,211      224,987 
                             -----------  ---------- 
 Total Revenue                 639,336      286,194 
                             -----------  ---------- 
 Net Profit for the period     417,700      115,849 
                             -----------  ---------- 
 Total Assets                 11,526,910 
                             -----------  ---------- 
 Total Equity                 8,981,143 
                             -----------  ----------

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/4026L_1-2023-9-5.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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September 05, 2023 02:00 ET (06:00 GMT)

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