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Abu Dhabi / Emirates Business
Agthia Group PJSC, one of the UAE’s leading food and beverages companies, reported preliminary and unaudited resu- lts for fiscal year that ended on December 31, 2018. Fiscal year net profit increased to AED211 million, growing 2.1 percent over the previous year. The group posted AED2 billion in revenues. When several non-repeating items are excluded from 2017 revenues, this represented 2 percent increase over 2017.
HE Eng Dhafer Ayed Al Ahbabi, Agthia Chairman, said, “The group has once again demonstrated its resilience and achieved strong results in another difficult year. These results highlight our commitment to continued growth even in the face of challenges by transforming them into
opportunities that positively impact our shareholders, consumers and partners.â€