Ernst & Young issued an unmodified audit opinion for United Foods Company (PSC), stating that the consolidated financial statements fairly represent the Group's financial position as of 31 December 2025.
Revenue recognition was identified as a key audit matter due to the inherent risk of overstatement and the impact of customer discounts and rebates on reported performance.
The financial statements were prepared in accordance with IFRS Accounting Standards and complied with UAE Federal Law No. 32 of 2021.
The audit covered the consolidated financial performance, position, and cash flows for the Group and its subsidiaries for the 2025 fiscal year.