Board of Directors proposes 100% cash dividend of paid-up capital, reflecting robust financial performance and dedication to consistent returns to shareholders
Financial Highlights (Year ended 31 December 2024):
- Sales volumes increased 5.9%, highlighting strong market demand across core categories
- Gross revenue reached record of AED 601.7 million, up from AED 589.4 million in 2023
- Gross profit expanded 8% to AED 99.6 million, underscoring operational efficiency
- Profit before tax and remuneration is increased by 22% to AED. 37.5 million
- Net profit after tax and remuneration was AED 30.8 million
- Earnings per share increased 11% to AED 1.02 (2023: AED 0.92), representing stronger shareholder returns
- Total assets increased to AED 439.4 million, while equity reached AED 344.5 million

Dubai, United Arab Emirates – 29 April 2025 – United Foods Company (PSC) (DFM: UFC), a leading UAE-based food manufacturing and distribution company, announced financial results for the full year ended 31 December 2024.
Continue reading United Foods Company reports strong FY2024 performance