GHITHA HOLDING P.J.S.C. Financial Results for the Period Ended March 31,2026 | premargin
GHITHA HOLDING P.J.S.C. Financial Results for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Report·April 29, 2026·View on exchange
AI Summary
Ghitha Holding reported a profit of AED 59.8 million for the first quarter ended March 31, 2026, a 13.7% increase from AED 52.6 million in the prior year period.
Total revenue grew to AED 1.62 billion, up from AED 1.32 billion in Q1 2025, primarily driven by sales of food and non-food items.
The Group expanded its operations by acquiring 70% stakes in Taaza Healthy Food Industries LLC and Taaza Quality Foodstuff Trading LLC on March 1, 2026, for a total consideration of AED 18 million.
A gain of AED 85.4 million was recognized from the disposal of a 1.7% equity interest in Apex Investment PSC, used to settle outstanding loans from related parties.
Qatar Index10,502.48-1.0%
DFM Index5,784.00-1.3%
TASI11,199.50-0.3%
Emirates NBD29.26-0.8%
Dubai Electricity & Water Authority2.680.0%
EMAAR11.96-3.1%
EMAARDEV14.44-3.9%
ADNOC GAS3.36+0.9%
First Abu Dhabi Bank17.98-2.1%
Emirates Telecom18.70-1.4%
Abu Dhabi Commercial Bank13.84-0.6%
ALRAJHI68.75-0.9%
MAADEN65.85+0.2%
SNB39.36-1.4%
SABIC61.150.0%
Boubyan Bank0.68-0.7%
GULF BANK0.34-0.9%
Commercial Bank Of Kuwait0.49-0.4%
Al-ahli Bank Of Kuwait0.28-0.4%
QNB17.38-0.7%
Industries Qatar11.96-1.6%
Qatar Islamic Bank22.24-1.5%
Ooredoo13.54-1.6%