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Ghitha Holding PJSC reported an 18% increase in revenue for the first half of 2024, reaching AED 2.45 billion. The company's gross profit grew by 57% year-over-year to AED 176 million, and EBITDA remained strong at approximately 10% of revenue. Total assets increased by 33% since December 2023, amounting to AED 9.4 billion. The company also signed an agreement to acquire Marmum Dairy Farm, which is expected to strengthen its market position and enhance its presence in the dairy industry. Group CEO Falal Ameen attributed the company's performance to its strategy of acquiring strategic assets, market penetration, organic growth, and product diversification, despite challenges such as supply chain disruptions and commodity price volatility.
On 26th July 2024, the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange received a notification from Alpha Dhabi Holding PJSC regarding an upcoming Board of Directors' meeting. The meeting is scheduled for Wednesday, 31st July 2024 at 9:00 pm. The agenda includes reviewing the consolidated financial statements for the quarter ending 30th June 2024 and discussing other general business matters. The letter was signed by Hamad Salem Alameri, the Managing Director, and a copy was sent to H.E. Dr. Maryam Butti Al Suwaidi, CEO of the Securities and Commodities Authority.
The Abu Dhabi Securities Exchange's Market Operations & Surveillance section has been informed that the Board of Directors of Fertiglobe plc will hold a virtual meeting on Wednesday, 31 July 2024, at 3:00 p.m. The agenda includes considering and approving the company’s financial statements for the second quarter of 2024 and discussing general matters related to the company's activities and projects. The notice was signed by Ms. Rita Guindy, Director of Investor Relations, and a copy was sent to the Securities and Commodities Authority.
International Holding Company PJSC (IHC) has issued a notice to inform the public about the misuse of its name, employee names, and logo by scammers promoting fraudulent investment opportunities and tenders online. These scammers request personal, business, and financial information, including credit card or bank details, to pay tender fees or invest in the company. IHC emphasizes that it never sends such requests for personal or financial information via email, mail, or any other means, nor does it ask for payments or investments in this manner. The company advises verifying the legitimacy of any communication claiming to be from IHC by checking the sender’s email address, which should come from the “@ihcuae.com” domain. For protection against scams, IHC encourages staying updated with their latest news on their official website or through the Abu Dhabi Securities Exchange (ADX).
Date: 26 July 2024 Ref: Emsteel-GCEO-ADX-020 To: Disclosure & Compliance Section, Market Operation Surveillance Dept., Abu Dhabi Securities Exchange Subject: Notice of the 4th Board Meeting of Emsteel Building Materials PJSC for the year 2024 The Board of Directors of Emsteel Building Materials PJSC (Emsteel) will hold its 4th meeting for the year 2024 at 3:00 PM on Thursday, 01 August 2024. The agenda includes: 1. Approval of the financial statement for the first half of the year 2024. 2. Other business. Regards, Eng. Saeed Ghumran Al Remeithi Group Chief Executive Officer of Emirates Steel Arkan Copy to: Securities and Commodities Authority
The Board of Directors meeting originally scheduled for Monday, July 29, 2024, has been postponed to Wednesday, July 31, 2024, at 11:00 AM due to an update in the agenda. This information is communicated to the Disclosure & Compliance Section and the Exchange Operations Division of the Abu Dhabi Securities Exchange. A copy of this notice is also sent to the Securities and Commodities Authority, along with the updated Board Meeting Disclosure form. Best regards, Saeed Ahmed Ghareib Alseridi General Manager