Abu Dhabi – Mubasher: Foodco Holding has reported a 1% year-on-year increase in net profit during the first six months of 2018, recording AED 48.56 million.
The company’s revenue surged 20.23% to AED 196.2 million in H1-18 versus AED 176 million in the year-ago period, according to a bourse statement.
Earnings per share (EPS) inched up 0.01% to AED 0.405 from January to the end of June, in comparison with AED 0.4 a year earlier.
Foodco’s net profit went up 3.04% year-on-year increase during the first quarter of 2018, registering AED 43.61 million
