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ABU DHABI / WAM
Agthia Group PJSC, one of the region’s leading food and beverage companies, on Thursday held its General Assembly Meeting virtually.
During the meeting, the shareholders approved the board’s proposal for an interim cash dividend payment at a value of 8.25 fils per share, with a total value of AED 65.31 million for the 6 months period ending on 30th June 2022.
Agthia recently posted strong first half results with revenues reaching AED 2 billion – up 51 percent year-on-year. Group Net Profit attributable to shareholders grew to AED 118 million for the period, a 74 percent increase relative as compared to the first half 202, reflecting the impact of the group’s recent acquisitions as well as its cost optimisation efforts as part of its five-year growth strategy.