Today's Edition
ABU DHABI (ALETIHAD)
Ghitha Holding reported strong financial results for the first nine months of 2025, with revenue rising 9.2% year-on-year to Dh4 billion and operating profit climbing 41.1% to Dh267.7 million, according to a statement issued by the company on Tuesday.
The company said the growth was supported by recent acquisitions, consistent performance across core businesses, and continued focus on improving profit margins. Gross profit increased 23.2% to Dh880.1 million, driven by pricing discipline, cost efficiency, and a stronger product mix.
During the period, the company strengthened its fruit and vegetable segment by realigning agricultural operations through NRTC Food Holding, enhancing supply-chain integration and resilience.
Falal Ameen, Chief Executive Officer of Ghitha Holding, said: “Our nine-month results reaffirm the strength of Ghitha’s strategy, combining disciplined portfolio integration, margin-led growth, and operational excellence. Performance during the period was driven by strategic acquisitions, optimised product mix, and pricing discipline, all of which continue to enhance profitability and resilience across our operations. The realignment of our farming and fresh-produce operations through NRTC strengthens linkages across our value chain and positions the business for future growth. With a more integrated platform and digital transformation well underway, Ghitha is well positioned to close the year on a strong note and deliver sustained value to shareholders.”
Ghitha said the integration of Al Jazira Poultry and consolidation of Arabian Farms contributed to the company’s growth by expanding production capacity and diversifying revenues across its protein and dairy segment.
The company also highlighted its participation in the creation of Al Ain Farms Group (AAFG), a new national food champion that brings together five leading brands to strengthen food resilience and innovation in the UAE.
In October 2025, Ghitha was included in a strategic merger plan announced by parent company International Holding Company (IHC) to combine 2PointZero, Multiply Group, and Ghitha Holding into a single next-generation investment platform with combined assets valued at around Dh120 billion. The merger, expected to be completed by mid-November 2025, will create one of Abu Dhabi’s largest diversified investment entities with interests across the energy and consumer sectors.
The statement said the merger will enhance national sustainability and reinforce Ghitha’s leadership in food and resource security, while supporting its strategy of long-term value creation for shareholders.
