Agthia saw net income dip 27.5% last year

ADQ-owned F&B firm Agthia reported AED 239.8 mn in net income during 2025, marking a 27.5% y-o-y decline, according to its management discussion and analysis report (pdf). Its revenues came in at AED 4.8 bn, down 1.4% y-o-y. Excluding the float of the EGP and a one-time wheat trading activity, revenues were up 3.5% y-o-y.

The breakdown: Water and food was the only segment that saw growth last year, with its revenues up 14.6% y-o-y to AED 1.2 bn. Revenues from Agthia’s agri-business were down 8.2% y-o-y to AED 1.2 bn, while its snacking segment reported a 7.1% y-o-y dip in revenues to AED 1.4 bn, which the company attributed to declines in its Al Foah and BMB brands.

Dividends: The company’s board recommended a dividend payout totaling AED 183.7 mn, amounting to AED 0.22 per share, according to a separate statement.