Ithmaar Holding B.S.C

Ithmaar Holding B.S.C

Pressreleases, Reports and Disclosures for Ithmaar Holding B.S.C

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: BOD meeting

Ithmaar Holding B.S.C. has announced that its Board of Directors will meet to review and approve the financial results for the year ended December 31, 2025. The meeting is scheduled for Wednesday, February 11, 2026, at 2:00 PM. This announcement is directed to the Bahrain Bourse and the Dubai Financial Market.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Financial statements for the 3rd QTR of 2025

Ithmaar Holding B.S.C. has released its condensed consolidated interim financial information for the period ending on September 30, 2025.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Detailed Analysis Accumulated Losses

The document is prepared in accordance with the SCA Board of Directors' Decision No. (32/R.M.) of 2019, which outlines procedures for companies with shares listed on the market that have accumulated losses amounting to 20% or more of their paid-up capital. Compliance with the decision is mandatory when accumulated losses reach 50% or more of the paid-up capital. As of November 12, 2025, Ithmaar Holding B.S.C. reported accumulated losses of USD 826.29 million, equating to 109% of its paid-up capital. The losses, initially 68.8% of paid-up capital in December 2016, were primarily due to impairment provisions from non-core investments during financial crises. In 2018, the adoption of FAS30 increased the losses to 98%. The accumulated losses fluctuated due to various factors, including the economic impact of COVID-19, net income, and net losses attributable to shareholders, with changes observed in 2020, 2021, 2022, 2023, 2024, and 2025. The document provides a detailed analysis of accumulated losses, which are 50% or more of the company's capital.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Results of BOD Meeting

Ithmaar Holding B.S.C. announced that its Board of Directors met on Wednesday, November 12, 2025, at 2:00 pm and approved the financial results for the period ending September 30, 2025. This announcement was directed to both the Bahrain Bourse and the Dubai Financial Market. The notice was signed by Saqib Mustafa, the authorized signatory, and included the company seal.

Dubai Financial Market News profile image
Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: BOD meeting

Ithmaar Holding B.S.C. has announced that its Board of Directors will meet to review and approve the financial results for the period ending September 30, 2025. The meeting is scheduled for Wednesday, November 12, 2025, at 2:00 PM. This announcement is directed to the Bahrain Bourse and the Dubai Financial Market. Saqib Mustafa is the authorized signatory for this announcement.

Dubai Financial Market News profile image
Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Detailed Analysis Accumulated Losses

This document has been prepared following the disclosure requirements set by the SCA Board of Directors' Decision No. (32/R.M.) of 2019, which outlines procedures for companies listed on the market with accumulated losses of 20% or more of their paid-up capital. Companies must comply with the provisions when their accumulated losses reach 50% or more of their paid-up capital. As of August 3, 2025, Ithmaar Holding B.S.C. reported its financial statements for Q2 2025, showing accumulated losses valued at USD 827.07 million, which is 109% of its paid-up capital. The accumulated losses initially amounted to 68.8% of the paid-up capital in December 2016, primarily due to impairment provisions from non-core investments during financial crises. In 2018, early adoption of FAS30 led to increased impairment provisions, raising the accumulated losses to 98%. In 2020, the losses increased by $87.5 million due to the economic impact of COVID-19. However, in 2021, losses decreased by $35.0 million due to net income attributable to shareholders. In 2022 and 2023, losses increased by $29.9 million and $9.3 million, respectively, due to net losses attributable to shareholders. In 2024, losses decreased by $9.4 million, and in 2025, by $1.58 million, mainly due to net profits attributable to shareholders.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Financial statements for the 2nd QTR of 2025

Ithmaar Holding B.S.C. has released its condensed consolidated interim financial information for the period ending on June 30, 2025.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Results of BOD Meeting

Ithmaar Holding B.S.C. announced that its Board of Directors approved the financial results for the period ending 30 June 2025 during a meeting held on Sunday, 3 August 2025, at 2:00 pm.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Ithmaar Group ESG Report 2024
Dubai Financial Market News profile image
Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: BOD meeting

Ithmaar Holding B.S.C. has announced that its Board of Directors will meet to review and approve the financial results for the period ending 30 June 2025. This meeting is scheduled for Sunday, 3 August 2025, at 2:00 PM. The announcement is addressed to Bahrain Bourse and Dubai Financial Market. Khalid Alabbasi is the authorized signatory for this announcement.

Dubai Financial Market News profile image
Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Detailed Analysis Accumulated Losses

The form is prepared according to the SCA Board of Directors’ Decision No. (32/R.M.) of 2019, which outlines procedures for listed companies with accumulated losses amounting to 20% or more of their paid-up capital. Companies must comply with the decision when losses reach 50% or more. As of May 14, 2025, Ithmaar Holding B.S.C. reported accumulated losses of USD 827.65 million, equating to 109% of its paid-up capital. The losses initially amounted to 68.8% in December 2016, primarily due to impairment provisions from non-core investments during financial crises. In 2018, early adoption of FAS30 led to increased provisions, raising the loss percentage to 98%. The accumulated losses rose by $87.5 million in 2020 due to COVID-19 impacts, decreased by $35 million in 2021 due to net income, increased by $29.9 million in 2022, and by $9.3 million in 2023 due to net losses. In 2024, losses decreased by $9.4 million, and in 2025, by $1 million, both due to net profits attributable to shareholders. The analysis of accumulated losses is required when they exceed 50% of the company's capital.

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Dubai Financial Market News
News Update From Ithmaar Holding B.S.C
Disclosure: Financial statements for the 1st QTR of 2025

The document is the condensed consolidated interim financial information for Ithmaar Holding B.S.C. as of March 31, 2025.

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