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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