United Foods Company reported a 109.6% surge in net profit to AED 16.31 million for the first quarter ended 31 March 2026, compared to AED 7.78 million for the same period in 2025.
Net revenue grew by 17.8% to reach AED 208.27 million, up from AED 176.76 million YoY, despite a rise in customer discounts and rebates which totaled AED 10.54 million.
The substantial profit growth was primarily driven by enhanced margins, as gross profit climbed 51% to AED 38.05 million, significantly outpacing the 12.3% increase in cost of sales.
The Group strengthened its balance sheet by fully repaying AED 4.70 million in bank borrowings and initiating AED 16.25 million in investment property under development, while basic earnings per share doubled from AED 0.26 to AED 0.54.
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