3 Hrs
Source:
Sky News
Ghad Food Hldg revenue hits 3.4B dirhams
Alfood Holding Company, listed on the Abu Dhabi Securities Exchange, announced its financial results for the first half of 2026. Revenues reached 3.4 billion dirhams, reflecting a 28% increase compared to the previous year, with accelerated growth in the second quarter by 34% to 1.7 billion dirhams. Gross profits also saw an 11% rise, amounting to 666.2 million dirhams. The company demonstrated strong performance driven by sustained demand for essential products. It continued its strategy through acquisitions in the fruits and vegetables sector and the development of a local juice platform, along with implementing modern technological systems to enhance efficiency and supply chain operations.
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