Abu Dhabi – Mubasher: International Holdings Company posted a 108.4% year-on-year rise in its profits during the second quarter of 2017.

Net profits reached AED 8.4 million ($2.28 million) in Q2-17, compared to AED 4.03 million ($1.09 million).

Revenues grew 10.8% to AED 97.08 million in Q2-17 from AED 87.62 points in Q2-16.

Investment revenues increased 55% to AED 4.7 million in Q2-17 from AED 3.04 million in Q2-16.

Net profits reached AED 21.03 million in the first half of 2017, up 27.5% from AED 16.5 million in the same period of 2016.