Press releases, Reports & Disclosures for GHITHA HOLDING P.J.S.C.
Ghitha Holding PJSC, a food and drink processing corporation based in Abu Dhabi, has reported strong Q3 results for 2023. The company's revenue reached AED 3.3 billion, marking a 120% growth YoY. The EBITDA also grew by AED 174 million YoY, excluding fair value changes in investments. Ghitha's total assets have also grown by 33% from the previous year, reaching AED 7.2 billion. The company attributes its success to the robust performance in the regional food processing and convenient food businesses, as well as the expansion of high-potential brands and strategic acquisitions.
The Ministry of Economy has approved the General Assembly Meeting of Ghitha Holding PJSC, scheduled to take place at IHC Office in Abu Dhabi and remotely for shareholders on November 16, 2023 at 3.30 pm. The announcement includes an invitation, agenda, proxy form, and advertisements for the meeting. The attachments also include a disclosure regarding approval of proxies and a special POA form to attend the AGM.