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The Board of Emirates Strategic Investments Company - Sole Proprietorship L.L.C. released its consolidated financial statements for the year ended 31 December 2024 on 29 April 2025. For the year ended 31 December 2024, the company reported a profit of AED 1,402.276 million, and its total equity was AED 10,395 million as of that date.
| Date | 29 Apr 2025 |
| Time | 07:00:03 |
| Category | Results |
| ID | 5889G |
ESIC Sukuk Limited
EMIRATES STRATEGIC INVESTMENTS COMPANY - SOLE PROPRIETORSHIP L.L.C.
ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
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 2024.
http://www.rns-pdf.londonstockexchange.com/rns/5889G_1-2025-4-29.pdf
· Major revenue stream comprised of income from investment properties, dividend income and share of profit from investments in joint ventures and associate amounting to AED 372.115 million, AED 255.618 million and AED 1,195.505 million respectively for the year ended 31 December 2024.
· Profit for the year ended 31 December 2024 amounted to AED 1,402.276 million.
· As of 31 December 2024, the Company's total equity was AED 10,395 million.
· Financial Summary for the reported year is as follows:
|
|
2024 AED '000 |
2023 AED '000 |
|
EBITDA |
1,704,423 |
1,003,080 |
|
Total Revenue |
2,075,546 |
1,191,105 |
|
Net Profit for the year |
1,402,276 |
725,987 |
|
Total Assets |
13,996,983 |
11,952,709 |
|
Total Equity |
10,395,515 |
9,413,793 |
Enquiries:
EMIRATES STRATEGIC INVESTMENTS COMPANY
Email: [email protected]
Web: www.esic.ae
EMIRATES STRATEGIC INVESTMENTS COMPANY
Investor Relations
Phone: +971 2 444 1443
Email: [email protected]