Ghitha Holding Reports 28% Revenue Surge in H1 2026
Ghitha Holding has announced a strong financial performance for the first half of 2026, with revenues climbing 28% year-on-year to reach Dh3.4 billion. This upward momentum was particularly evident in the second quarter, where the company saw a 34% jump in revenue compared to the same period last year, totaling Dh1.7 billion. Alongside this top-line growth, the firm’s gross profit rose by 11% to Dh666.2 million, a success attributed to a diversified portfolio that spans dairy, poultry, fresh produce, and commodity trading.
Strategic expansion and technological integration remain at the core of the company's recent success. By completing the acquisition of Taaza through its subsidiary NRTC and launching the "Al Ain Taaza" joint venture with Al Ain Farms, Ghitha is effectively strengthening its farm-to-market reach and local production capabilities. Complementing these physical expansions, the group is rolling out a new SAP technology platform designed to streamline supply-chain management and data-driven decision-making. According to CEO Falal Ameen, these initiatives not only bolster the group’s operational resilience but also play a vital role in supporting the UAE’s long-term food security goals.