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Back to disclosures
Ghitha Holding Posts Solid Double – Digit Revenue Growth to AED 1.62 Billion and Gross Profit of AED 330.8 Million in Q1 2026
GHITHA HOLDING
·
AE
ADX
·
General Disclosure | General Press Release
·
April 29, 2026
·
View on exchange
AI Summary
Ghitha Holding reported Q1 2026 revenue of AED 1.62 billion, a 23% year-on-year increase driven by organic growth in essential food segments.
Gross profit for the period rose 8% year-on-year to AED 330.8 million, supported by revenue gains and operational optimizations.
The group completed the acquisition of 'Taaza' under NRTC to enhance vertical integration and expand its presence in the fresh produce market.
Strategic initiatives continued during the quarter, including the ongoing implementation of SAP to improve platform efficiency and scalability.
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Ghitha Holding Posts Solid Double – Digit Revenue Growth to AED 1.62 Billion and Gross Profit of AED 330.8 Million in Q1 2026