Dubai – Mubasher: Union Coop registered net profits of AED 396.15 million in 2022, lower than AED 413.18 million in 2021, according to the financial results.
The DFM-listed company generated revenues worth AED 1.82 billion last year, down from AED 1.99 billion during the January-December 2021 period.
Meanwhile, the earnings per share (EPS) declined to AED 0.23 in 2022 from AED 0.24 in 2021.
Total assets amounted to AED 3.62 billion as of 31 December 2022, compared to AED 3.69 billion a year earlier.