Tag Archives: Ghitha Holding PJSC

Business & Investments

Ghitha Holding reports 11% Revenue Growth,totaling AED 3.67 billion for the first nine months of 2024

  • Revenue reached AED 3.67 billion – YTD Sep 2024, + 11% growth YoY
  • Gross Profit increased by AED 188 million, +36% growth YoY
  • EBITDA remains strong, representing ~ 10% of Revenue (Excl fair value changes in investment)
  • Total Assets increased to AED 9.4 billion (+33% vs. Dec 23)

Abu Dhabi, UAE – 25 October 2024: Ghitha Holding PJSC (ADX: Ghitha), Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has announced a solid AED 3.67 billion in revenue for the first nine months of 2024, showcasing an impressive 11% year-on-year (YoY) growth.

Falal Ameen, Group Chief Executive Officer of Ghitha Holding

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Business & Investments

Ghitha Delivers Impressive 18% Revenue Growth, Surging to AED 2.45 billion in H1 2024

  • Revenue reachesAED 2.45 billion in H1 2024, an 18%growth compared to H1 2023
  • Gross Profit grows by 57% YoY with AED 176 million
  • EBITDAremains strong, representing ~ 10% of Revenue(Excl fair value changes in investment)
  • Total Assets increase to AED 9.4billion (+33% vs. Dec23)

Abu Dhabi, UAE -26July 2024:Ghitha Holding PJSC (ADX:Ghitha), the Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail, and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has reported a robust AED 2.45 billion in revenue for H1 2024, marking an impressive 18% year-over-year growth. This milestone underscores Ghitha’s unwavering commitment to strategic vision and operational excellence.

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