Thursday 1 August 2013

Expansion drives higher profits for Agthia Group - The National

Expansion drives higher profits for Agthia Group - The National:

"Profits at the Abu Dhabi food and beverage company Agthia Group were up more than 50 per cent in the first half on the back of higher sales and better margins.

The producer of the Al Ain water brand said sales reached Dh764 million, a rise of 19 per cent, while net profit stood at Dh87m, up 56 per cent from the same period a year earlier.

The group is currently expanding the production and distribution of existing products, while adding new ones, such as Monster Energy, the United States' best selling energy drink, which Agthia plans to introduce to the Emirates."

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