ABU DHABI: Alpha Dhabi Holding PJSC (Alpha Dhabi) has announced its financial results for the period ending 30 September 2023.
Alpha Dhabi reported robust financial results, with a noteworthy 29% year-on-year increase in net profit, surging to AED 11.6 billion, as compared to AED 9 billion in the same period in 2022. This growth is attributed to a combination of organic expansion and strategic acquisitions, underscoring the Group’s commitment to enhancing shareholder value. Alpha Dhabi also witnessed a surge in revenue, reaching AED 32.4 billion, reflecting a substantial 22% year-on-year increase compared to the same period last year (YTD 2022: AED 26.6 billion).
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