International Holding Co PJSC (IHC)

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News

9 February 2017 10:10 AM Asmak swings to profits in Q4

Abu Dhabi – Mubasher: International Fish Farming Holding (Asmak) turned profitable in the fourth quarter of 2016, according to a bourse statement. The company generated profits of AED 6.23 million ($1.7 million) in Q4-16, against losses of AED …

Financial Results

9 February 2017 10:04 AM Asmak board nods to name change

Abu Dhabi – Mubasher: International Fish Farming Holding (Asmak) said its board approved to change the firm’s name to International Holdings Company, according to a bourse statement. The name change will be in line with the company’s current …

Corporate Actions

8 February 2017 07:35 AM Five UAE firms to disclose financials on Wednesday

Mubasher: The board members of five companies listed on the UAE markets will discuss on Wednesday their financial statements and dividend proposed for the fiscal year 2016. The companies are Air Arabia, Union Properties (UP), Gulf Cement Co, …

Event

11 January 2017 02:57 PM Ismaik acquires stake in Asmak

By: Bedour Alraei Abu Dhabi – Mubasher: Arabtec Holding former managing director and CEO Hasan Ismaik has bought a strategic stake in International Fish Farming Holding (Asmak), sources told Mubasher. This transaction is expected to be announced …

Companies Investments

5 January 2017 02:09 PM Asmak stock up 22% in 3 yrs

Abu Dhabi – Mubasher: International Fish Farming Holding’s (Asmak) stock active trading on Wednesday and Thursday, reaching its highest level in more than three years. Asmak’s stock rose 14.62% to AED 2.43 on Thursday after trading 21.21 million …

Trading Activities

14 November 2016 11:23 AM Asmak profits down in Q3

Abu Dhabi – Mubasher: International Fish Farming Holding (Asmak) turned profitable in the third quarter of 2016, according to a bourse statement. The company generated profits of AED 7.35 million ($2 million) in Q3-16, against losses of AED …

Financial Results

27 September 2016 08:45 AM Asmak unit inks MoU with Ajban

Abu Dhabi – Mubasher: International Fish Farming Holding said Tuesday that its fully-owned subsidiary Alliance Food Security Holding (AFSH) has signed a memorandum of understanding (MoU) with Ajban Feed Company. The MoU is aiming at entering a …

Companies Investments

26 September 2016 02:15 PM ADX to provide registrar services to Asmak

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced on Monday that it has signed an agreement with International Fish Farming Holding Company (Asmak) for registrar services. Thus, the number of companies benefiting from the …

Companies Investments

4 August 2016 08:32 AM Asmak sees 95% decline in Q2 profits

Abu Dhabi – Mubasher: International Fish Farming Holding (Asmak) posted a plunge of 95% in net profits for the second quarter of 2016 as compared to the same period in 2015. Earnings declined to AED 4.03 million ($1.1 million) in Q2-16 compared …

Financial Results

4 May 2016 00:49 PM Asmak posts higher profits in Q1

Abu Dhabi-Mubasher: International Fish Farming Holding (Asmak) posted a year-on-year rise of 34.45% in its profits for this quarter, according to a bourse statement. Profits reached AED 12.45 million ($3.4 million) in the first quarter of 2016, …

Financial Results

10 February 2016 09:59 AM Asmak profits decline 36% in Q4-15

Abu Dhabi-Mubasher: International Fish Farming Holding (Asmak) reported a 36.2% profit decline to AED 4.58 million ($1.25 million) in the fourth quarter of 2015, compared to AED 7.18 million ($1.95 million) in the same quarter of 2014, according …

Financial Results

6 December 2015 01:22 PM Asmak to launch region's biggest seafood centre

Abu Dhabi-Mubasher: International Fish Farming Holding Co (Asmak) neared enter into an agreement with Abu Dhabi Ports to establish the largest integrated center to manufacture, prepare, produce and store seafood in the region. The agreement will …

Companies Investments

6 August 2015 09:08 AM Asmak profits up 7-fold in H1

  Abu Dhabi – Mubasher: International Fish Farming Holding Co. (Asmak) reported soaring net profits by 743% to AED 90.6 million ($24.7 million) in the first half of 2015, up from AED 10.75 million ($2.93 million) in the same period in 2014. At the …

Company News

12 May 2015 08:11 AM Asmak profits jump nearly fivefold in Q1

Abu Dhabi – Mubasher: International Fish Farming Holding Co. (Asmak) reported a 467% surge in its net profits for the first quarter of 2015, reaching AED 9.268 million from AED 1.634 million in the same period a year earlier, the company said in a …

Financial Results

20 April 2015 08:51 AM Asmak to withhold dividends for 2014

Abu Dhabi – Mubasher: International Fish Farming Holding Co. (Asmak) shareholders decided on Sunday to withhold dividend distribution for 2014, the company said in a bourse filing.Asmak reported a net profit of AED 42.63 million ($11.6 …

Company News

15 February 2015 10:14 AM ASMAK turns profitable in FY14

 Abu Dhabi – Mubasher: Preliminary financials for ASMAK, listed on the Abu Dhabi Securities Exchange (ADX), show a turn to profit of AED 42.63 million ($11.6 million) against a loss of AED 244.225 million ($66.47 million) in 2013.Operational …

Financial Results

21 December 2014 03:14 PM ASMAK swings to profit in 9M

Abu Dhabi-Mubasher: International Fish Farming Holding Co. (ASMAK) posted AED 36.60 million net earnings for the first nine months of 2014, against AED 14.35 million losses in the same period of last year.This profit was driven by the …

27 October 2014 05:31 PM FGB gains boost ADX to end in green

The Abu Dhabi Securities Exchange (ADX) succeeded in recording gains for the fifth consecutive session, despite opening in the red on Monday. The market’s benchmark index ended in the green, increasing slightly by 0.49% or 23.87 pts …

Trading Activities

26 October 2014 04:16 PM ADX gains on Sunday; real estate sector leads

The Abu Dhabi Securities Exchange (ADX) commenced the week at slight increase of 0.83% or 40.23 pts, closing at 4870.06 pts.Turnover was seen at AED 194.25 million as 64.25 million shares were traded through 1834 transactions. A total …

Stock Evaluations

22 October 2014 05:29 PM ADX gains on positive Q3 financials

The Abu Dhabi Securities Exchange (ADX) ended Wednesday in the green, gaining 0.60% or 28.77 pts to 4800.06 pts.Turnover was seen at AED 303 million as 86.86 million shares were traded through 2306 transactions. A total of 30 …

Stock Evaluations

9 October 2014 05:21 PM ADX sheds 0.12% amid low liquidity

The Abu Dhabi Securities Exchange (ADX) ended Thursday on a downward note after falling slightly by 0.12% or 6.18 pts to 5077.43 pts. Around 61.5 million shares traded worth AED 181.21 million through 1536 transactions. A total of 25 …

Stock Evaluations

30 September 2014 05:43 PM ADX inches up, remains above 5100 pts

The Abu Dhabi Securities Exchange (ADX) closed in the green today after adding 0.08% or 3.97 pts to 5106.29 pts. Turnover was seen at AED 218.122 million as 74.73 million shares were traded through 1743 transactions.Market gains were …

Banking and Finance

28 September 2014 03:26 PM ADX falls 1.03% on real estate, investment sectors

The Abu Dhabi Securities Exchange (ADX) ended Sunday, the first session of the week, in the red despite opening on a high note, however the real estate sector pulled the index down.ADX’s benchmark index fell 1.03% or 52.83 pts to …

Stock Evaluations