Abu Dhabi, UAE – Food Holding Company’s net profits increased by 14% during the first quarter of this year. To reach 59.8 million dirhams, compared to 52.6 million dirhams recorded in the same period last year.
The group’s revenues increased by 23% compared to last year, reaching 1.62 billion dirhams, driven by strong momentum across core business sectors.
This performance is mainly due to organic growth across key categories, coupled with continued integration efforts. This reflects the flexibility of Food Holding’s diverse platform and the sustainability of demand for basic food categories.
profits
Total profits also increased by 8% compared to last year, reaching 330.8 million dirhams. Supported by increased revenues and continuous improvement of operations.
During the first quarter, Food Holding continued to strengthen its role in supporting national food security. Leveraging its integrated platform to meet local demand and ensure continuity of supplies across essential food categories.
enhance the operational capacity
The group will continue to merge and expand Taza’s operations under the umbrella of NRTC. While working to enhance operational capabilities and distribution capabilities to support growth in the categories of fresh products, juices and related products.
This step confirms Food’s commitment to strengthening its presence in high-demand groups. Establishing vertical integration across the fresh produce value chain.
At the operational level, Food Holding continued to make progress in implementing the enterprise resource planning system. As part of a strategic initiative aimed at enhancing efficiency, integration and scalability across the group’s various units.
