February 14, 2025 13:09 GMT
EM CEEMEA CREDIT: WAHA: FY24 highlights, positive read across
EM CEEMEA CREDIT
Waha Capital (WAHA UH; -/-/-)
FY24 highlights, positive read across
• FY24 highlights out, showing net profit @ AED381mn. Total income sits @ AED1.18bn, -3.8% YoY, with expenses roughly unch. Total AuM stood @ AED11.9bn, +13% YoY.
• Ownership structure benefits from Mubadala’s 15% stake. No h-ccy debt outstanding.
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