Abu Dhabi food and beverage company Agthia Group has reported a 13 per cent annual rise in its profit for the first quarter of this year, underpinned by its growing and diversified portfolio amid challenging economic scenarios.
Net profit attributable to equity holders for the three months ended March hit Dh92.3 million ($25.1 million), Agthia – which is part of investment company ADQ, said on Tuesday in a filing to the Abu Dhabi Securities Exchange, where its shares trade.
Revenue for the quarter grew nearly 4 per cent year on year to about…