Gross revenue reaches AED 279.8 million despite continued regional volatility
Financial Highlights for the three-month period ended 30 June 2026:
- Gross revenue increased by 82.8% to AED 279.8 million, compared to AED 153.1 million in Q2 2025.
- Net revenue rose by 86.8% to AED 270.8 million, from AED 145.0 million in Q2 2025.
- Profit before tax grew by 291.3% to AED 20.5 million, versus AED 5.2 million in Q2 2025.
- Net profit increased by 304.3% to AED 18.6 million, compared with AED 4.6 million in Q2 2025.
Dubai, United Arab Emirates – 20 August 2026: United Foods Company (PJSC) (DFM: UFC), a leading UAE-based food manufacturing and distribution company, today announced its financial results for the three-month period ended 30 June 2026, delivering a performance for the second quarter of 2026, reflecting continued growth in business activity, improved operating performance and enhanced profitability across its operations.
Gross revenue reached AED 279.8 million during the quarter, compared with AED 153.1 million in Q2 2025, while net revenue increased to AED 270.8 million from AED 145.0 million.
Profit before tax increased to AED 20.5 million, compared with AED 5.2 million in the corresponding quarter last year, while net profit rose to AED 18.6 million from AED 4.6 million.
The performance was delivered despite continued geopolitical and macroeconomic uncertainty across the region, including ongoing volatility in commodity prices, supply chains, inflation and logistics. United Foods Company continued to manage these conditions through diversified sourcing strategies, inventory management, pricing controls and established business continuity and risk management frameworks.
The quarter’s performance demonstrates the Company’s ability to translate strong revenue growth into significantly higher earnings. Revenue expansion was supported by organic volume increase and continued execution of the Company’s growth strategy, while profitability benefited from improved operational efficiency and scale. The substantial increase in profit before tax and net profit highlights the strength of the underlying business fundamentals and the company’s focus on delivering sustainable value for shareholders.
Based on management’s assessment, no material adverse impact was identified on the Group’s manufacturing, processing or distribution activities during the reporting period.
Mr. Ali Bin Humaid Al Owais, Chairman of United Foods Company, said, “Our second-quarter performance reflects the resilience of United Foods Company and the disciplined approach we continue to take in managing the business through a challenging operating environment. Delivering this level of growth despite continued regional uncertainty demonstrates the strength of our business and the commitment of our people.”
“As we celebrate 50 years since the company’s establishment, we remain focused on creating long-term value for our shareholders while supporting the UAE’s food security ambitions. We will continue to build on our heritage by investing in the capabilities, partnerships and products that will support the company’s future growth.”
United Foods Company continues to advance the strategic priorities announced earlier this year under the leadership of Chief Executive Officer Mohamed Itani. These include strengthening the Company’s research and development capabilities, accelerating product innovation, evaluating organic and inorganic growth opportunities, and assessing options to expand its manufacturing footprint in high-growth regional markets.
Mohamed Itani, Chief Executive Officer of United Foods Company, said, “This quarter demonstrates that disciplined execution and operational focus continue to translate into strong financial performance. By increasing our market share in oils and fats and maintaining our sharp focus on margins, we have delivered significant performance improvement and continued our disciplined approach to growth, cost optimisation and capital allocation, positioning the company well for continued momentum in the remainder of 2026 and beyond.”
“We remain focused on delivering operational excellence, reinventing ourselves with our strong brand presence, and enhancing our product offering and responsiveness to customer needs across our diverse markets. While the external environment continues to evolve, our priority is to build a stronger, more agile business capable of delivering sustainable long-term growth,” Itani added.
United Foods Company continues to support households, hotels, restaurants, cafés and industrial customers through its diversified portfolio of edible oils, fats, ghee, margarine, butter blends and other food products. The Company remains focused on production efficiency, automation, responsible growth and the continued development of national talent through Emiratization.
For more information, please visit: https://www.unitedfoods.ae/.
About United Foods Company –
United Foods Company (DFM: UFC) is a leading food manufacturing and distribution company in the United Arab Emirates. United Foods is part of the Al Owais family business group, one of the pioneering Emirati business conglomerates.
Established in 1976 and publicly listed on the Dubai Financial Market since 2006, the company has built a trusted reputation for producing high-quality edible oils, fats, and food products that serve both retail and industrial customers across 70+ countries with leading brands including Aseel, Nawar, Safi, Supersun, and Mumtaz.
The company owns and operates the oldest refinery in the region, located in Jebel Ali Industrial area. UFC is also the exclusive distributor of Nestle Mondelez Ice Cream and Flying Goose Sriracha Sauces, further strengthening its diversified portfolio and regional reach.
With a strong commitment to operational excellence, innovation, and national development, United Foods continues to invest in automation, product diversification, and Emiratization. The company operates from its headquarters in Dubai and remains focused on sustainable growth and value creation for all stakeholders.