Economy Local October 29, 2025

Food Holding Company's Profits Plummet in UAE

Food Holding Company's net profit for the first nine months of this year was 80 million dirhams, a significant drop compared to 2.833 billion dirhams in the same period last year.


Food Holding Company's Profits Plummet in UAE

The company "Ghadha Al-Qabudia" was founded in 2023 to provide financial services to the first half of the year. In 2023, the company's revenue reached 80 million dirhams, which is comparable to the results of the first half of the previous year, when profits amounted to 2.833 million dirhams.

The main source of the company's income is the production and sale of products, as well as the production of soft drinks, one of the current year's main achievements is the launch of new products and real-time monitoring of sales and production lines. The "Ghadha Al-Qabudia" representative commented: "A simple approach has been applied that has significantly improved the quality of our products."

Analysts link the company's success with the growth of factors, including the expansion of the concern and changes in the investment portfolio. The company's management has been confirmed, which develops a strategy for the successful launch of key projects, which should be implemented in the near future. In the plans - the expansion of the assortment and the output to new markets.