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UAE's Agthia net profit up 28 percent in 2013  Join our daily free Newsletter

MENAFN - 25/01/2014
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(MENAFN) UAE-based Agthia, one the biggest food and beverage groups, has reported a 28 percent increase in net profit last year, Arabian Business reported



Agthia Group announced that its unaudited results came at a net profit of USD43.5 million Iin the, increasing due strong sales and improved margins


Net profit growth was at a faster pace than sales growth last year on the back of improved gross profit margins in both the agri business division and the consumer business division, the company said in a statement



Total net sales went up to USD411million, increasing 14 percent from the year before it

 
 


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