Abu Dhabi – Mubasher: Alpha Dhabi Holding has logged net profits attributable to the owners worth AED 6.28 billion in the first half (H1) of 2022, compared to AED 831.62 million in H1-21.
The total revenues surged by 211% year-on-year (YoY) to AED 17.12 billion in the first six months (6M) of 2022 from AED 5.47 billion, according to the financial results.
Meanwhile, the earnings per share (EPS) attributable to the shareholders stood at AED 0.63 in H1-22, an annual leap of 215% from AED 0.20.
During the second quarter (Q2) of 2022, the UAE-based firm registered AED 4.31 billion in net profit attributable to the owners, higher than AED 731.12 million in Q2-21.
The company’s revenues amounted to AED 8.99 billion in the April-June 2022 period of the year, around 100% YoY hike from AED 4.45 billion. The EPS attributable to the shareholders rose to AED 0.43 during Q2-22 from AED 0.09 in the year-ago period
In the January-March 2022 period, Alpha Dhabi achieved net profits attributable to the owners of AED 1.97 billion, compared to AED 100.50 million during the same period a year earlier.
