Union Coop reported a net profit of AED 102.3 million for the three-month period ended 31 March 2026, reflecting a 3% increase compared to the AED 99.4 million achieved in the same period of 2025.
Total income from operating activities reached AED 676.2 million, up from AED 591.6 million YoY, driven primarily by a 15.4% growth in sales revenue which totaled AED 611.6 million for the quarter.
The modest profit growth relative to revenue was impacted by a significant rise in the cost of goods sold, which increased to AED 416.4 million from AED 343.8 million, alongside higher staff costs and depreciation expenses.
Cash and cash equivalents strengthened to AED 319.4 million as of 31 March 2026, up from AED 231.0 million the previous year, supported by AED 177.8 million in net cash generated from operating activities.
Qatar Index10,479.80-0.4%
DFM Index5,750.20-0.6%
TASI11,039.540.0%
Emirates NBD28.14-0.4%
Dubai Electricity & Water Authority2.76-0.7%
EMAAR11.90+0.2%
EMAARDEV14.06-0.6%
ADNOC GAS3.30+0.6%
First Abu Dhabi Bank17.10+2.0%
Emirates Telecom18.84-0.7%
Abu Dhabi Commercial Bank13.84+0.1%
ALRAJHI66.05+0.2%
MAADEN64.80-1.7%
SNB38.86+0.9%
SABIC61.45+0.3%
Boubyan Bank0.67+0.6%
Burgan Bank0.19+0.5%
GULF BANK0.34-0.3%
Commercial Bank Of Kuwait0.49-1.0%
QNB17.37-0.7%
Industries Qatar12.16-0.1%
Qatar Islamic Bank21.98-0.5%
Ooredoo13.36+0.4%