RNS Number : 6177M
ESIC Sukuk Limited
30 April 2024
 

ESIC Sukuk Limited

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

 

ANNUAL FINANCIAL REPORT

 

FOR THE YEAR ENDED 31 DECEMBER 2023

 

 

 

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 2023.

 

 http://www.rns-pdf.londonstockexchange.com/rns/6177M_1-2024-4-30.pdf


HIGHLIGHTS

 

·    Major revenue stream comprised of income from investment properties, dividend income and share of profit from the joint ventures amounting to AED 336.41 million, AED 181.711 million and AED 610.863 million respectively for the year ended 31 December 2023.

 

·    Profit for the year ended 31 December 2023 amounted to AED 725.987 million.

 

·    As of 31 December 2023, the Company's total equity was AED 9,413.793 million.

 

·    Financial Summary for the reported year is as follows:

 

2023

AED '000

2022

AED '000

EBITDA

1,003,080

512,492

Total Revenue

1,191,105

684,206

Net Profit for the year

725,987

277,269

Total Assets

11,952,709

11,834,607

Total Equity

9,413,793

9,294,748

 

 

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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