Home

Ethiopian Investment Holdings Reports 88% Profit Growth in 2024/25, Sets Bold Plans for 2025/26

Ethiopian Investment Holdings (EIH), the nation’s sovereign wealth and asset management enterprise, has released its 2024/25 fiscal year performance results, showcasing remarkable growth across state-owned enterprises (SOEs) and unveiling strategic plans for 2025/26.

Established under Proclamation No. 1263/2021 and Regulation No. 487/2021 (EC: 2014), EIH manages government-owned development enterprises under a unified corporate governance and financial framework. Its mandate is to modernize state-owned companies, enhance efficiency, and position them as globally competitive institutions while maximizing Ethiopia’s national wealth.

2024/25 Performance Highlights

During the 2024/25 fiscal year, subsidiaries under EIH generated 2.05 trillion ETB in total revenue and achieved an average pre-tax profit of 262.7 billion ETB, marking an 88% increase compared to the previous year.

Key enterprise achievements include:

Ethio Telecom – Voice subscribers up 7%, internet subscribers up 15%
Commercial Bank of Ethiopia (CBE) – Deposits up 310%, private sector loans up 104%
Ethiopian Airlines – Passenger numbers increased by 11%
Ethiopian Electric Utility – Electricity supplied up 18.2% (in GWh)
Ethiopian Agricultural Works Corporation – Fertilizer distribution volume up 18%
Wenji Sugar Factory – Sugar production up 113%

Profit Contribution by Sector (Pre-Tax Basis)

Transport & Logistics: 66.8%
Financial Services: 14.95%
Energy & Communication: 10.08%
Agriculture & Agro-Processing: 2.64%
Trade: 2.02%

Strategic Directions for 2025/26 and Beyond

EIH emphasized that all state-owned enterprises must:

Enhance product and service quality to boost customer satisfaction and competitiveness.
Diversify financing sources and adopt modern technologies for production and service delivery.
Align investment performance with financial sustainability for long-term growth.
Strengthen human capital and digital systems for better financial and operational management.
Improve workplace culture, compensation, and accountability mechanisms.
Collaborate with EIH and stakeholders to close policy and performance gaps.

For 2025/26, EIH has set ambitious targets of 2.75 trillion ETB in revenue and 412 billion ETB in pre-tax profit across its portfolio.

Appreciation and Acknowledgment

Ethiopian Investment Holdings extended its gratitude to the boards, executives, employees, and stakeholders of all affiliated enterprises for their contribution to the 2024/25 achievements and their commitment to future success.

Share this post:

Share on Facebook Share on Telegram Share on LinkedIn

Ethiopian Investment Holdings Reports 88% Profit Growth in 2024/25, Sets Bold Plans for 2025/26

Related Posts