Agthia H1 Sales Up 5%, Year-End Prospects Look Sound

The UAE-based parastatal food and drink company Emirates Foodstuff and Mineral Water Company (Agthia) has reported a 5% year-on-year (y-o-y) increase in consolidated sales for H110. Although some key units decelerated, such as Grand Mills, the bottled water and beverage division performed dynamically, with y-o-y growth of 36%, and largely drove first-half

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