Economy Local January 31, 2025

Al Qabda Food Achieves a Net Profit of 2.67 Billion Dirhams in 2024

Al Qabda Food Company recorded a net profit of 2.67 billion dirhams in 2024, representing a significant increase compared to 43.2 million dirhams in 2023.


Al Qabda Food Achieves a Net Profit of 2.67 Billion Dirhams in 2024

The company "Ghazaa Al-Qabiza" recorded a net profit of 2.67 billion dirhams in 2024 compared to 43.2 million dirhams in 2023. This represents a significant increase in profit achieved through increased production volumes, as well as growth in demand for the company’s products. In the past year, "Ghazaa Al-Qabiza" actively expanded its operations beyond the region and launched several successful new products, which also contributed to an increase in sales. As noted by the company, successful financial performance in 2024 was the result of a thoughtful strategy and long-term resource management. Company representatives expressed confidence in further growth and development of the business in the coming years.