Dear valued stakeholders,
In 2022, despite the unprecedented challenges faced globally and domestically, EKH operations have demonstrated remarkable resilience and growth.
EKH revenues have surpassed USD 1 billion for the first time in our history, and the net income has increased by 41% to USD 241.1 million. These outstanding results are a testament to the unwavering dedication and hard work of the entire EKH family, including our distinguished board and over 6,000 employees. Hence, I would like to extend my thanks to all of them for their efforts and commitment to excellence as they constantly work to strengthen EKH position in the market. The company’s success and achievements are not just measured by financial performance, but also through maintaining responsible corporate practices and community contributions.
We are also committed to incorporate sustainable investing principles into our investment process, as we believe that responsible investing is a moral duty that is eventually reflected in a positive good way on business.
Over the years, EKH has earned the trust and confidence of our investors and partners by consistently delivering on the promises of our esteemed board. We are proud of the strong relationships we have built and the positive impact we have had on the lives of our stakeholders.
As we look towards the future, we are excited about the opportunities that lie ahead. Our focus remains on identifying the high-quality companies and investing in them. The companies that have the potential to generate long-term value for our investors.
Finally, I would like to extend my thanks to our valued investors and partners for their continued trust and support. We are looking forward to enhancing our relationships and accomplishing more successes together.
Sincerely,
Loay Jassim Al-Kharafi
Chairman