Dubai Refreshments PJSC (DRC)

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News

21 February 2024 00:52 PM Dubai Refreshments’ board nods to regular, special dividends

Dubai – Mubasher: Dubai Refreshments’ board of directors approved the distribution of AED 72 million in regular cash dividends, representing 80% of the paid-up capital, for the financial year 2023. The board also ratified the disbursement of AED …

Financial Results

17 May 2020 01:03 PM Dubai Refreshments sees 27% higher profits in Q1-20

Dubai – Mubasher: Dubai Refreshments has reported net profits of AED 15.52 million during the first quarter (Q1) of 2020, up by 27% from AED 12.197 million during the same period of 2019. The company recorded revenues of AED 142.1 million in …

Financial Results

1 August 2019 00:40 PM Dubai Refreshments discloses interim financial results for H1

Dubai – Mubasher: Dubai Refreshments, listed on the Dubai Financial Market (DFM), reported an interim profit of AED 30.88 million for the first half of 2019, versus AED 11 million in H1-18. Revenue reached AED 302.16 million during the six-month …

Financial Results

14 May 2019 01:52 PM Dubai Refreshments records AED 12.2m profit in FY18

Dubai – Mubasher: Dubai Refreshments announced it has achieved a net profit of AED 12.19 million for the full-year 2018, compared to AED 4.02 million in 2017. Revenue increased to AED 139.5 million last year from AED 135.09 million in 2017, …

Financial Results

19 March 2019 08:10 PM Dubai Refreshments launches 3.7 MW solar power plant

Dubai – Mubasher: Dubai Refreshments on Tuesday announced the launch of a new solar power plant in Dubai Investment Park – 2. Located at 45,000 square metres, the new plant’s capacity will reach 3.7 megawatts, which will make it one of the biggest …

Companies Investments

15 August 2018 09:28 AM Dubai Refreshments logs AED 7m profit in H1

Dubai – Mubasher: Dubai Refreshments on Wednesday posted a net profit of AED 6.97 million for the first half of 2018, compared to AED 24.68 for the year-ago period. Revenues narrowed to AED 150.8 million in the six-month period ended June, from …

Financial Results

2 October 2017 10:27 AM Dubai Refreshment, Egypt’s Froneri ink distribution deal

Dubai - Mubasher: Dubai Refreshment announced that it signed a distribution agreement with Froneri Ice Cream Egypt. As per the agreement, Froneri will be the UAE’s exclusive distributor of Nestle Ice Cream products, including KitKat, Mega, …

Companies Investments

13 August 2017 10:00 AM Dubai Refreshments Q2 profits decline 12%

Dubai – Mubasher: Dubai Refreshments posted a 11.9% year-on-year decline in its profits during the second quarter of 2017, according to a bourse filing. Net profits reached AED 24.69 million ($6.7 million) in Q2-17, compared to AED 28.03 million …

Financial Results

26 March 2017 08:23 AM Dubai Refreshments approve annual dividends

Dubai – Mubasher: Dubai Refreshments said its shareholders gave the go-ahead on Thursday to 70% cash dividends, equivalent to 70 fils per share, for fiscal year 2016, according to a bourse statement. Total approved dividends amount to AED 63 …

Corporate Actions

6 February 2017 03:13 PM Dubai Refreshments profits down 27% in Q4

Dubai - Mubasher: The financial statements of Dubai Refreshments showed a decline in net profits in the fourth quarter of 2016 by 27.3% year-on-year. Profits reached AED 24.92 million ($6.78 million) in Q4-16 compared to AED 34.29 million ($9.33 …

Financial Results

10 November 2016 08:43 AM Dubai Refreshments Q3 profits fall

Dubai-Mubasher: Dubai Refreshments Company saw a decline its profits by 15.8% year-on-year during the third quarter of 2016, according to a bourse statement. Net profits stood at AED 35.24 million ($9.6 million) in Q3-16, compared to AED 41.87 …

Financial Results

11 August 2016 02:43 PM Dubai Refreshments profits fall 29% in Q2

Dubai-Mubasher: Dubai Refreshments Company's profits retreated 28.9% year-on-year to AED 28.03 million ($7.63 million) in the second quarter of 2016 from AED 39.4 million ($10.72 million). The company's profits fell 20.1% to AED 57.94 million in …

Financial Results

12 May 2016 03:29 PM Dubai Refreshments profits down in Q1

Dubai-Mubasher: Dubai Refreshments Company saw a 9.5% profits decline in the first quarter of 2016, according to a bourse statement. Net profits reached AED 30 million ($8.16 million) in Q1-16, compared to AED 33.149 million ($9.02 million) in …

Financial Results

20 March 2016 09:00 AM Dubai Refreshments’ OGM approves 70% cash dividends

Dubai – Mubasher: Dubai Refreshments Company’s ordinary general meeting (OGM) agreed Sunday on distributing cash dividends at 70% of the capital for the fiscal year 2015, totalling AED 63 million ($17.15 million). The company is capitalised at AED …

General Assembly

14 February 2016 01:41 PM Dubai Refreshments achieves AED 34.3m profits in Q4

Dubai-Mubasher: The profits of Dubai Refreshments increased 1.65% to AED 34.3 million ($9.3 million) in the fourth quarter of 2015, compared to AED 33.74 million ($9.2 million) in the same quarter of 2014. During the fiscal year, the company …

Financial Results

12 November 2015 09:34 AM Dubai Refreshments' 9M profits up 7.3%

Dubai-Mubasher: Dubai Refreshments Co. (DRC) posted profits worth AED 114.4 million ($31.14 million) in the nine-month period ended 30 September 2015, a 7.3% growth from AED 106.6 million ($29 million) in the same period of 2014, according to a …

Financial Results

10 August 2015 10:49 AM Dubai Refreshments' H1 profits grow 5.5%

  Dubai – Mubasher: Dubai Refreshments Co. (DRC) reported a net profit of AED 72.546 million ($19.75 million) for the first half of 2015, a rise of 5.5% from AED 68.772 million ($18.72 million) in the same period in 2014. Meanwhile, Q2 profits …

Financial Results

10 May 2015 08:58 AM Dubai Refreshments sees AED 33m profits in Q1

Dubai – Mubasher: Dubai Refreshments Company (DRC) reported a 13.77% profit increase in the first quarter of 2015, reaching AED 33.15 million from AED 29.14 million in Q1-14, according to a bourse filing.The beverages firm previously reported a …

Financial Results

22 March 2015 08:45 AM Dubai Refreshments gets shareholders’ nod on AED 58.5m dividends

Dubai – Mubasher: Dubai Refreshments Company (DRC) shareholders approved on Thursday a cash dividend representing 65% of capital, or AED 58.5 million, the company said in a filing to the Dubai Financial Market (DFM) on Sunday.The company …

Company News

2 March 2015 11:54 AM DFM consumer staples’ profit down as Kaipara weighs

By: Thabet Shehata Dubai – Mubasher: Profits of the Dubai Financial Market’s (DFM) consumer staples sector retreated compared to figures from 2013, following a loss incurred by United Kaipara Dairies Co. along with slow profit growth for …

News Analysis

29 January 2015 10:04 AM Dubai Refreshments’ profits rise 14% in FY14

Dubai – Mubasher: Dubai Refreshments Company (DRC) announced its financials in its statement to the Dubai Financial Market (DFM) today. It reported a net profit rise by 13.8% to AED 140 million ($38 million) against AED 123 million ($33.4 million) …

Financial Results