Tag Archives: United Foods Company

Food & Dining

United Foods Company Commends UAE’s Nationwide Ban on Harmful Trans Fats

UAE’s leading producer of oils and fats eliminated partially hydrogenated oils from its product range in 2019, achieving compliance well ahead of the new regulations.

Image - Mohamed Itani, CEO - United Foods Company

Dubai, UAE – 14 May 2026: United Foods Company (PJSC) (DFM: UFC), a leading UAE-based food manufacturing and distribution company, has reinforced its commitment to healthier food production in line with the UAE’s nationwide ban on partially hydrogenated oils (PHOs). As the regulation comes into effect this year, UFC has already eliminated PHOs from its entire product range in 2019.

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Business & Investments

United Foods Company reports strong FY2024 performance

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.

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