Abu Dhabi – Mubasher: Agthia Group recorded lower net profits at AED 86.11 million in the first quarter (Q1) of 2025, compared to AED 127.59 million in Q1-24
Basic and diluted earnings per share (EPS) hit AED 0.09 as of 31 March 2025, versus AED 0.14 a year earlier, according to the financial results.
The group registered an 11.40% year-on-year (YoY) drop in revenue to AED 1.28 billion as of 31 March 2025, compared to AED 1.44 billion.
Alan Smith, Group CEO of Agthia, commented: “What stands out this quarter is the continued strength in Water and Agri-Business, the operational momentum across our diversified portfolio, and the solid groundwork we’re laying for the future.”
Smith added: “We are focused on disciplined execution, integrating recent acquisitions, and accelerating synergies that drive long-term value creation. Our increased ownership in Abu Auf and the acquisition of Riviere are testaments to our commitment to reinforcing leadership in high-potential verticals.”
Last year, the ADX-listed company logged net profits valued at AED 321.83 million, up 7.40% YoY from AED 299.57 million.
