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United Foods makes AED 14.4 mln profit in FY13

United Foods makes AED 14.4 mln profit in FY13
United Foods
UFC
5.50% 11.50 0.60
United Foods Company released financial statements for FY13, which reflected net earnings of AED 14.4 million, declining 6.6% compared to AED 15.4 million in FY12. Sales dropped to AED 370 million, compared to AED 382.2 million in FY12.The company’s board recommended paying cash dividend at 10%, pending the approval of the general meeting.