ADNOC Foods posts 60M AED profit
ADNH Catering Company achieved a 10% growth in revenue during the first half of 2026, reaching 922 million dirhams. However, its net profits declined by 18.9% to 60 million dirhams, compared to 74 million dirhams in the same period last year. In the second quarter, net profit decreased by 17.1% to 29 million dirhams, despite a 6.8% increase in quarterly revenue to 457 million dirhams. The company noted that the customer retention rate was 98.9%, and new business valued at 77 million dirhams was secured since the beginning of the year. Additionally, EBITDA rose by 11.5% to 130 million dirhams, with an improved profit margin of 13.8%.
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