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Ghitha Holding PJSC reported an 11% year-on-year revenue growth, reaching AED 3.67 billion for the first nine months of 2024. The company's gross profit increased by AED 188 million, a 36% growth from the previous year. EBITDA represents about 10% of revenue, excluding fair value changes in investments. Total assets grew by 33% since December 2023, totaling AED 9.4 billion. Ghitha, based in Abu Dhabi and a subsidiary of International Holding Company, attributes its growth to strategic initiatives such as acquiring key assets, entering new markets, and diversifying product lines. CEO Falal Ameen highlighted the company's strong performance despite market challenges, positioning it for future growth. Moving forward, Ghitha aims to enhance financial performance and operational efficiency, aligning with its vision to become a leading regional food powerhouse, while focusing on process improvement and market adaptability.
Ghitha Holding PJSC has released its interim condensed consolidated financial statements for the nine-month period ending on September 30, 2024.
The document is a Management Discussion and Analysis Report for Emirates Driving Company P.J.S.C., covering the period ending on September 30, 2024.
The document is the interim condensed consolidated financial statements for Emirates Driving Company P.J.S.C. as of September 30, 2024. These statements are unaudited and provide financial information about the company's performance up to that date.
The Board of Directors of Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) is scheduled to meet on Wednesday, October 30, 2024, at 3:00 p.m. in Abu Dhabi. The agenda includes reviewing the company's financial statements for the third quarter ending September 30, 2024, and discussing other general business matters. The notification was issued by Ben Hennessy, the Board Secretary, with a copy sent to the Securities and Commodities Authority.