April 19, 2014 6:23 PM ET

Food and Staples Retailing

Company Overview of Foodco Holding P.J.S.C.

Company Overview

Foodco Holding P.J.S.C. engages in the import and distribution of foodstuff and household items in the United Arab Emirates. The company is also involved in the packaging, repacking, wholesale, distribution, export, and sale of food products; and the Figaro’s Pizza restaurant business, as well as provides catering services. In addition, it invests in, develops, and manages real estate and commercial enterprises. Foodco Holding P.J.S.C. was founded in 1979 and is based in Abu Dhabi, the United Arab Emirates.

Port Zayed

Mina

PO Box 2378

Abu Dhabi,  

United Arab Emirates

Founded in 1979

Phone:

971 2 673 1000

Fax:

971 2 673 2100

Key Executives for Foodco Holding P.J.S.C.

Foodco Holding P.J.S.C. does not have any Key Executives recorded.

Foodco Holding P.J.S.C. Key Developments

Foodco Holding Proposes Dividend for the Year Ended December 31, 2013; Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Foodco Holding announced that a cash dividend of AED 10,000,000 has been proposed by the board of directors for the year ended December 31, 2013, representing 10% of the issued share capital against AED 5,000,000, representing 5% of the issued share capital in 2012. The company announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported revenue of AED 98,408,128 against AED 112,029,041 a year ago. Profit for the year attributable to equity owners of the company was AED 35,071,649 or AED 0.35 per basic and diluted share against AED 14,036,378 or AED 0.14 per basic and diluted share a year ago. Net cash from operating activities was AED 37,285,442 compared to net cash used in operating activities of AED 9,946,071 a year ago. Acquisition of property, plant and equipment was AED 2,919,403 compared to AED 1,441,509 a year ago.

Foodco Holding P.J.S.C., Board Meeting, Mar 03, 2014

Foodco Holding P.J.S.C., Board Meeting, Mar 03, 2014., at 12:00 Arabian Standard Time.

Foodco Holding P.J.S.C. Announces Earnings Results for the Year Ended December 31, 2013

Foodco Holding P.J.S.C. announced earnings results for the year ended December 31, 2013. For the year, the company reported revenue of AED 98,408,000 against AED 112,029,000 a year ago. Profit for the year was AED 33,752,000 or AED 0.34 per basic and diluted share against AED 14,036,000 or AED 0.14 per basic and diluted share a year ago.

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