IFA Holding's General Assembly approved a 10% bonus share distribution, increasing the company’s paid-up capital from KD 54.25 million to KD 59.68 million.
The company reported a net profit of KD 1.2 million (2.1 fils per share) for Q1 2026, while total assets grew 15.1% year-over-year to KD 161.9 million.
Management has initiated the appointment of an advisor to support an anticipated IPO for the Umm Al Hayman Wastewater Project, a key operational asset in which the group holds a 20% stake.
Total costs decreased by 7.1% year-over-year, driven by a 49% reduction in staff costs and a 12% decline in operating expenses.