Agthia Group PJSC - Company Profile

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Agthia Group PJSC: Segment Analysis

Business Description

Agthia Group PJSC (Agthia Group), a subsidiary of General Holding Corp PJSC, manufactures, distributes, and markets beverages and food products. The company’s product portfolio includes bottled and drinking water, juices, tomato sauces, fruit concentrates, frozen vegetables and frozen baked products. It also provides flour and animal feed.

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R&D Overview

Agthia Group’s R&D arm focuses on developing new and quality products to meet the changing consumer needs. In FY2022, the company incurred expenses of AED9.3 million on R&D, which as a percentage of revenue, stood at 0.2%.

Business Segments

Overview

Manufactures and distributes flour and animal feeds. Major brand include Agrivita.

Performance

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Overview

Includes three sub-segments Water and Food, Protein and Frozen Vegetables (FV), and Snacks. Water and Food sub-segment carries out manufacturing, bottling, and distribution of drinking water, beverages, juices, dairy and trading products. Major brands include Al Ain Water, Al Ain Zero, Al Ain Vitamin D, Al Ain Bambini, Alpin, Al Bayan, and Ice Crystal. Protein and Frozen Vegetables (FV) sub-segment carries out manufacturing, packaging, distribution and trading of frozen vegetables, tomato and chili paste, fruit concentrate and processed protein products. Major brands include Al Ain Food, Yoplait, Petits Filous, and Al Ain. Snacks sub-segment carries out manufacturing, packaging, and distribution of sweets, dates, baklawa and bakery products. Major brands include Grand Mills, Al Foah, BMB, Al Faysal Bakery, Nabil Foods, and Atyab.

Performance

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