TIDM72KX

RNS Number : 0598Z

ESIC Sukuk Limited

15 September 2020

ESIC Sukuk Limited

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

HALF YEARLY FINANCIAL REPORT

FOR THE PERIOD ENDED 30 JUNE 2020

The Board of Emirates Strategic Investments Company - Sole Proprietorship L.L.C. (the "Company") is pleased to release the interim condensed consolidated financial statements for the period ended 30 June 2020.

HIGHLIGHTS

-- Major revenue stream comprised of rental income, dividend income and share of profit from the joint ventures amounting to AED 123.76 million, AED 169.52 million and AED 17.06 million respectively for the period ended 30 June 2020.

   --    Profit for the period ended 30 June 2020 amounted to AED 144.42 million. 
   --    As at 30 June 2020, the Company's total equity was AED 7,153 million. 
   --    Financial Summary for the reported period is as follows: 
 
                             H1 2020     H1 2019 
                             AED '000    AED '000 
 EBITDA                      250,086     250,958 
                           ----------  ---------- 
 Total Revenue               320,578     284,559 
                           ----------  ---------- 
 Net Profit for the year     144,423     223,356 
                           ----------  ---------- 
 Total Assets               9,769,521 
                           ----------  ---------- 
 Total Equity               7,153,672 
                           ----------  ----------

To view the full annual report, please click on the following link

http://www.rns-pdf.londonstockexchange.com/rns/0598Z_1-2020-9-15.pdf

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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END

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September 15, 2020 07:34 ET (11:34 GMT)

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