UFC
Dubai – Mubasher: United Foods Company (UFC) reported a leap of 64.5% in its profits for the first six months of 2015 to AED 17.86 million ($4.86 million), compared to AED 10.86 million ($2.96 million) in the corresponding period of 2014.
UFC’s Q2 net profits soared by 90.5% to AED 11.4 million, compared to AED 6 million in Q2-14.
The company, which focuses on vegetable oils, natural butter and other commercial products, previously posted 32.6% growth in net profits for Q1-15 to AED 6.46 million ($1.76 million), compared to AED 4.88 million ($1.33 million) in Q1-14.