September 25, 2017 7:41 AM ET

Food and Staples Retailing

Company Overview of Foodco Holding - P.J.S.C.

Company Overview

Foodco Holding - P.J.S.C., together with its subsidiaries, primarily imports and distributes foodstuff and household items in the United Arab Emirates. It also specializes in packaging and repacking food products; and provides marine, air, and land shipment services, as well as offers custom clearance and warehouses services. In addition, the company operates Figaro’s Pizza restaurant business, as well as provides catering services; and operates Dana Plaza, a department store. Further, it invests in, develops, and manages real estate and commercial enterprises. The company was formerly known as Abu Dhabi National Foodstuff Company - P.J.S.C. and changed its name to Foodco Holding - P.J.S.C. ...

Port Zayed

Behind Mina Centre

Meena Road

PO Box 2378

Abu Dhabi,  

United Arab Emirates

Founded in 1979

Phone:

971 2 673 1000

Fax:

971 2 673 2100

Key Executives for Foodco Holding - P.J.S.C.

Foodco Holding - P.J.S.C. does not have any Key Executives recorded.

Foodco Holding - P.J.S.C. Key Developments

Foodco Holding - P.J.S.C. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Foodco Holding - P.J.S.C. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenue was AED 71,638,488 compared with AED 55,431,272 for the same period last year. Profit attributable to equity owners of the parent was AED 5,102,048 or AED 0.05 basic and diluted earnings per share compared with AED 1,425,929 or AED 0.01 basic and diluted earnings per share for the same period last year. For the six months, the company reported revenue was AED 135,300,017 compared with AED 101,752,825 for the same period last year. Profit attributable to equity owners of the parent was AED 47,562,493 or AED 0.48 basic and diluted earnings per share compared with AED 35,507,792 or AED 0.36 basic and diluted earnings per share for the same period last year. Net cash used in operating activities was at AED 9,777,726 compared with cash from operations of AED 43,619,097 for the same period last year. Acquisition of property, plant and equipment was AED 2,856,016 compared with AED 3,159,137 for the same period last year.

Foodco Holding - P.J.S.C., Board Meeting, May 30, 2017

Foodco Holding - P.J.S.C., Board Meeting, May 30, 2017, at 22:00 Arabian Standard Time.

Foodco Holding - P.J.S.C. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

Foodco Holding - P.J.S.C. announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported total revenue of AED 107,016,735 compared to AED 85,710,197 a year ago. Profit attributable to equity owners of the parent was AED 42,460,445 or AED 0.43 per basic and diluted share compared to AED 34,081,833 or AED 0.34 per basic and diluted share a year ago. As at March 31, 2017, the company's book value per share was AED 5.20. Net cash from operating activities was AED 6,058,238 against net cash used in operating activities of AED 3,794,078 last year. Acquisition of property, plant and equipment was AED 925,886 against AED 934,235 last year.

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