Alpha Dhabi reports record 9-month net profit of AED 9bln amid ramp up and execution of its growth strategy

Alpha Dhabi reports record 9-month net profit of AED 9bln amid ramp up and execution of its growth strategy

Demonstrates Alpha Dhabi’s continued success and accelerated momentum as it executes on its growth and expansion strategy across its core verticals and diversified platform

Abu Dhabi, UAE: Alpha Dhabi Holding PJSC (“Alpha Dhabi” or “the Group”), one of the fastest-growing investment holding companies in the UAE, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi), has announced its financial results for the 9-month period ending 30 September 2022.

Throughout the year Alpha Dhabi has continued to ramp up its transaction activity, building on its strong performance across its core verticals and diversified platform. As a result, Alpha Dhabi reported a strong set of financial results for the 9-month period ending 30 September 2022 with net profit of AED 9.0 billion, up 150% year-on-year from AED 3.6 billion. Furthermore, revenues also grew significantly standing at AED 26.6 billion, representing a year-on-year increase of 133% with strong contributions from the existing portfolio in the healthcare sector, which continue to see strong demand, and from the real estate, construction and industrial verticals, which continue to be strong drivers of growth for the Group.

Eng. Hamad Al Ameri, CEO of Alpha Dhabi Holding, said: "Alpha Dhabi has delivered another set of record financial results as we continue