Alpha Dhabi Holding Company has announced by publishing a report that the group's net profit has increased by 4.6 billion dirhams during the first three months of the year.

According to Amac News: Alpha Holding has stated in its report that the net profit of this group is 4.6 billion dirhams, which has increased by 11% compared to last year.
The company also reported a 29% increase in its cash balance for the year to 21.5 billion dirhams.
Mohamed Thani Alrumaithi, chairman of Alpha Dhabi Holdings, said: "Our quarterly results reflect continued year-on-year growth and send a strong signal about our commitment to vital sectors in the UAE's current and future economy."
The strong performance in the quarter was attributed to a combination of factors, particularly organic expansion across its portfolio and strategic acquisitions.
The company's portfolio has had a significant contribution in the industrial, real estate and construction sectors, which constitute 37%, 33%, 18% of the total revenue, respectively.