The total profits of Agthia during the first nine months of this year amounted to 159 million

MediaIn + WAM October 28,
Agthia Group reported a net profit of AED 159 million for the first nine months of 2018, a 9% increase over the same period last year.
Agthia also reported net income of AED 1.49 billion, while gross profit margin reached a record 34.7% as a result of increased volume of exports, better product mix and consistent cost improvement throughout the company.
The consumer business sector, which includes the Water, Beverage and Food units, contributed 55% of revenues in the first nine months of the year.
Al Ain has retained its leadership in terms of volume and market share in the UAE, while the volume of bottled water exports has grown from two quarters on a quarterly basis to Saudi Arabia and Turkey.
Recently, Agthia opened the United Gulf Water Plant in Kuwait through a joint venture with Al Wafer Marketing Services for the production of Al Ain Water in Kuwait. Al Ain Water Factory offers four different sizes of 200, 330, 500 and 1500 ml.