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07 April 02:55 PM

Agthia Group PJSC (AGTHIA)

Last update: 02:55 PM market time.
3.54
-0.02
-0.56%
Open 3.54
Previous Close 3.54
High 3.56
Low 3.52
Stock Statistics
Volume 54,812
Turnover 193,803.48
All data are 15 minutes late during market session

News

This decision represents Agthia's first entry into processed protein
19 January 2021 09:37 AM Agthia's board nods to Nabil Foods acquisition
Abu Dhabi – Mubasher: The board of Agthia Group has approved to acquire the majority of Nabil Foods, a producer of frozen and chilled processed protein products. This decision represents Agthia's first entry into processed protein, enabling the …
Board of Directors
Senaat now owns 59.17% of the entire issued share capital of Agthia.
7 January 2021 10:20 AM Agthia completes strategic combination with Al Foah
Abu Dhabi – Mubasher: Agthia Group announced the successful completion of its strategic combination with Al Foah, the world’s largest date processing and packaging company based in Abu Dhabi. With the integration of Al Foah into Agthia as a …
Companies Investments
Agthia will issue these bonds to General Holding Corporation
29 December 2020 09:38 AM Agthia's board agrees on issuing mandatory convertible bonds to acquire Al Foah
Abu Dhabi – Mubasher: The board of Agthia Group has approved to issue mandatory convertible bonds with a nominal value of AED 1 each in an aggregate amount of AED 450 million to acquire Al Foah Company. Agthia will issue these bonds to General …
Bonds
The bonds will be converted into 120 million shares
23 December 2020 10:05 AM Agthia to discuss mandatory convertible bonds issuance to acquire Al Foah
Abu Dhabi – Mubasher: The board of Agthia Group will discuss the issuance of mandatory convertible bonds to General Holding Company (Senaat) as a price to acquire Al Foah Company. The mandatory convertible bonds will have a nominal value of AED 1 …
Board of Directors
Agthia's issued share capital will rise to AED 720 million
30 November 2020 09:42 AM Agthia's OGM approves to acquire Al Foah Company
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Agthia Group has agreed on the acquisition of Al Foah Company, the world's largest dates and date-based products processing and packaging company. To complete the transaction, Agthia will …
Mergers and Acquisitions
The acquisition will expand the group's regional position
26 November 2020 09:59 AM Agthia Group inks agreement to acquire Kuwait's Al Faysal Bakery and Sweets
Abu Dhabi – Mubasher: Agthia Group has penned a sales purchase agreement to acquire Kuwait's Al Faysal Bakery and Sweets, according to a press release on Thursday. The acquisition will the group's regional position and strengthen its portfolio. In …
Mergers and Acquisitions
Senaat would raise its ownership in Agthia to 59.17%
9 November 2020 10:40 AM Agthia's board agrees on Senaat's offer to combine with Al Foah
Abu Dhabi – Mubasher: The board of Agthia Group, part of ADQ, has approved to enter into an agreement with General Holding Corporation (Senaat) for the majority of Al Foah Company’s business to be transferred to Agthia. Senaat, a part of ADQ and …
Mergers and Acquisitions
The group generated AED 1.58bn revenues
1 November 2020 10:33 AM Agthia Group reports AED 10m profits in 9M
Abu Dhabi – Mubasher: Agthia Group, part of ADQ, recorded AED 10 million net profits attributable to the owners in the first nine months of 2020, when compared to AED 117.24 million in the same period of 2019. The group's year-to-date net profit …
Financial Results
gthia would issue to Senaat a convertible instrument
6 October 2020 10:10 AM Agthia's board receives offer to combine with Al Foah Company
Abu Dhabi – Mubasher: The board of Agthia Group has received an offer from General Holding Corporation (Senaat), a part of ADQ and the sole shareholder of Al Foah Company, for the majority of Al Foah’s business to be transferred to Agthia. …
Companies Investments
Agthia manages operations across the UAE, GCC, and the wider Middle East
7 July 2020 11:43 AM Agthia names new CEO
Abu Dhabi – Mubasher: Agthia Group has appointed Alan Smith as the company’s CEO, succeeding Jamal Salem Al Dhaheri, who served as the group’s acting CEO since last March, Emirates News Agency (WAM) reported on Tuesday. Smith has a robust …
Board of Directors
The group also elected six new board members
7 May 2020 01:03 PM Agthia elects new chairman
Abu Dhabi – Mubasher: Agthia Group announced the election of Khalifa Sultan Al Suwaidi as a new chairman of the company's board, according to a press release on Thursday. The group also elected six board members for three years following the …
Board of Directors
The company's revenues increased by 12%
7 May 2020 10:34 AM Agthia's net profits plunge to AED 27m in Q1-20
Abu Dhabi – Mubasher: Agthia Group saw a 33.3% drop in its net profits to AED 26.637 million during the first quarter (Q1) of 2020, compared to AED 39.946 million in the same quarter of 2019. The decline in net profits is attributed to 10.2% …
Financial Results
Shareholders approved a board remuneration of AED 1.4 million
19 April 2020 09:48 AM Agthia to pay AED 90m dividends for 2019
Abu Dhabi – Mubasher: The general assembly of Agthia Group has approved distributing AED 90 million as cash dividends for fiscal year (FY) 2019, equivalent to 15% of the company’s issued capital. It also approved granting a remuneration of AED 1.4 …
General Assembly
The distribution of cash dividends stands at 15 fils per share
8 March 2020 02:52 PM Agthia’s board recommends 15% cash dividends
Abu Dhabi – Mubasher: The board of Agthia Group proposed to distribute 15% of the capital as cash dividends for 2019. The distribution of cash dividends represents 15 fils per share, amounting to AED 90 million, according to the company’s recent …
Cash Dividends
Agthia's EPS stood at AED 0.228 in 2019
10 February 2020 03:19 PM Agthia records AED 137m net profits in 2019
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Agthia Group, one of the UAE's leading food and beverage groups, fell to AED 137.026 million in 2019 from AED 210.496 million in 2018, according to the company’s preliminary …
Financial Results
Total assets stood at AED 3.1 billion
3 November 2019 09:55 AM Agthia Group sees AED 1.5bn revenue in 9M
Abu Dhabi - Mubasher: The net profit of Agthia Group recorded a net profit of AED 117.2 million during the first nine-months of 2019, 26.1% lower than AED 158.6 million recorded in the same period a year ago. Meanwhile, net revenues grew by 4.3% …
Financial Results
The MoU aims at supporting local farmers in Abu Dhabi and Al Ain
5 September 2019 04:05 PM Agthia Group, Jenaan Investments ink MoU to support UAE farmers
Dubai – Mubasher: Agthia Group, a leading food and beverages company in the UAE, on Thursday announced it has signed a memorandum of understanding (MoU) with Jenaan Investments, an agricultural group of companies. The MoU aims at supporting local …
Companies Investments
Revenues stood at AED 1.06 billion in H1-19
7 August 2019 11:49 AM Agthia H1 revenue up 5.4% YoY
Abu Dhabi – Mubasher: Agthia Group reported a 5.4% year-on-year increase in net revenues for the first half of 2019. Revenues stood at AED 1.06 billion during the first six months of 2019, versus AED 1.008 billion in the same period of the …
Financial Results
Agthia is planning to foray into new markets in Africa
2 May 2019 01:28 PM Agthia plans to expand in 4 Arab markets
Abu Dhabi – Mubasher: Agthia Group seeks to expand its foothold in four Arab markets including the UAE, Egypt, Saudi Arabia, and Kuwait, along with Turkey, the food and beverage firm’s CEO told Zawya. “In certain categories, we were losing money, …
Macroeconomics
Net profits amounted to AED 39.9 million in Q1-19
1 May 2019 00:31 PM Agthia’s Q1 revenues grow 3.4%
Abu Dhabi – Mubasher: Agthia Group reported a 15.2% year-on-year drop in profits for the first quarter of 2019. Net profits amounted to AED 39.9 million in Q1-19, compared to AED 47.1 million in Q1-18, according to a recent statement to the Abu …
Financial Results
Total dividends amounted to AED 90 million
1 April 2019 11:29 AM Agthia pays 15 fils/shr dividends for FY 2018
Abu Dhabi – Mubasher: Agthia Group’ s general assembly has approved to a cash dividend distribution worth 15 fils per share, or 15% of the capital, to shareholders for the full-year 2018 during a meeting held on 28 March.  Total dividends amounted …
Cash Dividends
Agthia’s capital reaches AED 600 million
3 March 2019 11:54 AM Agthia Group proposes 15 fils/shr dividend for 2018
Abu Dhabi – Mubasher: Agthia Group, listed on the Abu Dhabi Securities Exchange (ADX), announced that its board of directors recommended a cash dividend distribution of 15% of the share’s nominal value, or 15 fils a share, in 2018. …
Company News
Agthia’s net profits rose 2.1% year-on-year to AED 211 million in the full-year 2018
3 February 2019 11:15 AM Agthia logs AED 52m profit in Q4
Abu Dhabi – Mubasher: Agthia Group, listed on the Abu Dhabi Securities Exchange (ADX), on Sunday reported a net profit worth AED 52 million during the fourth quarter of 2018. Agthia’s net profits rose 2.1% year-on-year to AED 211 million in the …
Financial Results
The amendments will be applied as of 30 November
14 November 2018 10:01 AM MSCI adds 3 UAE firms to EM Small Cap Index
By: Mahmoud Gamal Dubai – Mubasher: The semi-annual review of the MSCI Emerging Market (EM) index revealed the addition of three companies listed on the Dubai Financial Market (DFM), along with removing four firms from the index. The amendments …
Ratings
UAE’s Agthia achieves AED 1.49bn revenues in 9M
28 October 2018 10:33 AM UAE’s Agthia achieves AED 1.49bn revenues in 9M
Abu Dhabi – Mubasher: Agthia Group on Sunday reported robust results for the first nine months of 2018 and the third quarter of the year. A leading UAE firm in the food and beverage sector, Agthia’s net profit grew 9% on a like-for-like basis, …
Financial Results