Arab Finance: Agthia Group achieved a net revenue of AED 4.6 billion in 2023, up by 12.1% year-on-year, according to the group’s 2023 preliminary and unaudited results sent to Arab Finance.
Snacking came as the top-performing segment, marking a 38% YoY growth.
The group’s reported net profit rose by 9.9% YoY in 2023 to AED 299.6 million.
Underlying earnings per share (EPS) stood at AED 0.384, growing by 23% YoY, while reported EPS increased 5.8% YoY to AED 0.330.
Agthia’s total assets amounted to AED 6.6 billion as of December 31st, 2023, with total shareholders’ equity of AED 2.9 billion.