Agthia Group PJSC Reports Unaudited Earnings Results for the Year Ended December 31, 2017
January 27, 2018
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Agthia Group PJSC reported unaudited earnings results for the year ended December 31, 2017. For the year, revenues were AED 2,047,957,000 against AED 2,011,941,000 a year ago. Net operating income was AED 203,375,000 against AED 264,226,000 a year ago. Net profit for the period was AED 206,090,000 against AED 254,270,000 a year ago. Earnings per share were AED 0.343 against AED 0.424 a year ago.
Agthia Group PJSC is a United Arab Emirates-based company, whose principal activities include the establishment, investment, trade and operation of companies involved in the food and beverage sector. The Companyâs business segments are: the Agri Business Division (ABD), engaged in the manufacturing and distribution of flour and animal feed, as well as the Consumer Business Division (CBD), which is structured into the following industries: Bottled Water and Beverages, engaged in the manufacturing and distribution of drinking water, water based drinks and juices, as well as Food, engaged in the manufacturing and distribution of tomato and chili paste, fruit concentrate, frozen vegetables, fresh dairy products and frozen baked products. The Companyâs assets are located in the UAE, Oman, Egypt and Turkey and it provides its products to customers and consumers across the UAE, GCC, Turkey and the wider Middle East. Senaat, General Holding Corporation, is a major shareholder of the Company.
AGTHIA GROUP 
