Retail giant posts AED 173.6 million in net profit, driven by strategic expansion, digital innovation, and enhanced customer experience
Dubai, UAE:
Union Coop has announced exceptional financial and operational results for the first half of 2025, driven by strategic retail expansion, innovative digital services, and a customer-centric approach that has solidified its leadership in the UAE’s retail sector.
Mr. Mohamed Al Hashemi, Union Coop’s CEO, revealed that the cooperative recorded a net profit of AED 173.6M after tax for the first half of the year, compared to AED 163.14M during the same period in 2024, marking a 6.4% growth. Profit before tax stood at AED 192M. Total income reached AED 1.158B, comprising AED 1.031B from retail sales, AED 88M from real estate, and AED 39M from other income.
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