Money and business

UAE .. IPex shares make the largest daily gains in two months

IPex Investment Company shared in the Abu Dhabi Financial Market by 5.93% during trading today, Wednesday, to trade at a price of 3.93 dirhams per share, achieving the largest daily gains in two months.

7.28 million shares of Abu Dhabi National Energy shares were traded at that time, with a value of trading 28.14 million dirhams.

The highest price for the share at that time was at 3.94 dirhams during the session, while the lowest price was at 3.69 dirhams per share.

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IPex Investment, listed in the Abu Dhabi Securities Market, recorded a remarkable growth in its profits during the first half of 2025, where the net profit jumped by 211% compared to the same period in 2024.

The company achieved a net profit of 71.6 million dirhams in the first half of this year, compared to 23 million dirhams during the same period last year. The profits before taxes were calculated about 76.3 million dirhams.

While the company recorded revenues of 399.86 million dirhams, compared to 425.23 million dirhams in the first half of 2024, indicating a slight decline in revenues despite the significant growth in profits.

IPex Investment Company (known as: IPex Investment) is one of the companies listed in the Abu Dhabi Securities Market since March 2004. The company has been working within the materials sector with a special focus on building materials. The headquarters of IPex is in the Emirate of Ras Al Khaimah in the United Arab Emirates, and it was founded in May 1995.

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