Agthia Group Q1 2019 Revenues Hit AED 508 Million
Agthia Group PJSC, one of the UAE’s leading food and beverage groups, this morning reported Q1 2019 net profit of AED 40 million and a revenue of AED 508 million, representing revenue growth of 3.4 percent compared to the same period in 2018. Net profit was behind last year on account of lower subsidy-related income in Flour, and lower water pricing relative to last year’s first quarter against a backdrop of heavy promotional price reductions in home market.
Agthia Launches Four New Camel Feed Solutions During the Global Forum for Innovations in Agricultur
Agthia Group PJSC, one of the region’s leading food and beverages companies and producer of market leading animal feed Agrivita, launched four new camel feed products on the sidelines of the Global Forum for Innovations in Agriculture in Abu Dhabi. The new products have been designed specifically to meet the nutrition and health needs of camels in the UAE and the region.