• Gross profit up 8% YoY, driven by revenue growth and continued optimisation across operations
• Completed acquisition of “Taaza” under NRTC to advance vertical integration in fresh produce

Abu Dhabi, UAE: Ghitha Holding PJSC (“Ghitha” or the “Group”; ADX: Ghitha), a diversified conglomerate spanning agriculture, food production, and distribution, and a subsidiary of 2PointZero, has announced its consolidated financial results for the three-month period ended 31 March 2026.

During the period, revenue grew by 23% YoY to AED 1.62 billion, driven by strong momentum across the Group’s core business segments. Performance was supported primarily by organic growth across key categories, and continued integration, reflecting the resilience of Ghitha’s diversified platform and sustained demand across essential food segments. Gross profit rose 8% YoY to AED 330.8 million on the back of higher revenues, and ongoing optimisation across operations.

Falal Ameen, CEO of Ghitha Holding, said: “Ghitha delivered a strong start to 2026, with double-digit revenue growth reflecting the resilience of our platform and strong demand across our core categories. Our performance was driven by the strength of our integrated operating model and our ability to deliver consistent growth amid a challenging geopolitical environment. We continue to play a central role in supporting the UAE’s food security agenda, ensuring reliable supply of essential food products. At the same time, the acquisiton of Taaza by NRTC strengthens our presence in the fruits and vegetables segment and enhances  our farm-to-market capabilities. Looking ahead, we remain focused on driving operational efficiencies and pursuing disciplined expansion opportunities that deliver sustainable value and attractive returns.”

During the quarter, Ghitha continued to strengthen its role in supporting national food security, leveraging its integrated platform to meet local demand and ensure continuity of supply across essential food categories.

The Group will continue the integration and expansion of Taaza under NRTC, scaling operations and distribution capabilities to support growth in the fresh-cut, juice, and adjacent product segments. This reinforces Ghitha’s strategy to deepen its presence in high-demand categories and enhance vertical integration across the fresh produce value chain.

At the operational level, Ghitha maintained progress on the implementation of SAP, a strategic initiative aimed at enhancing efficiency, integration, and scalability across the platform.

Looking ahead, the Group remains focused on disciplined growth across its core segments, pursuing opportunities that meet its return thresholds while continuing to drive operational efficiencies and scale benefits across the business. Ghitha is well-positioned to sustain its growth trajectory while contributing meaningfully to the UAE’s long-term food security objectives.

About Ghitha Holding:

Ghitha Holding PJSC is a private joint stock company incorporated in the Emirate of Abu Dhabi, United Arab Emirates. It operates as a subsidiary of 2PointZero. Ghitha emerged as an investment holding company; with its portfolio of operating subsidiaries and associates consisting of: Al Ain Farms, Marmum Dairy Farm, Al Jazira Poultry Farm,  Arabian Farms, Al Ajban Poultry, Alliance Food Company, Zee Stores International, Delice Supermarket, Agrinv (Al Hashemeya), Royal Horizon Holding, Abu Dhabi Vegetable Oil Company, Mirak, NRTC Group, Ripe Fresh Trading LLC, Taaza Healthy Food Industries LLC, Taaza Quality Foodstuff Trading LLC,  Apex Investment PSC (ADX: APEX), Invictus Investments (ADX: INVICTUS), Anina Culinary and International Food Industries. The Group is collectively engaged in dairy, poultry, fish, agriculture, food commodities, edible oils, trading, and distribution.

www.ghitha.com

About 2PointZero Group:

2PointZero Group PJSC is a next-generation investment powerhouse focused on energy and consumer, two multi-trillion-dollar sectors that power everyday life and form the foundation of the new economy. Its AI-enabled, diversified portfolio is built for efficiency, synergy, and compounding returns.

Anchored by market-leading businesses, 2PointZero drives sustainable growth through disciplined capital allocation, operational excellence, and digital integration, creating a resilient platform that delivers sustained performance and long-term value for its shareholders.

For more information, visit www.2PointZero.com

Media Contacts
Simon Hailes
Managing Director, Head of Edelman Smithfield Middle East
IHC@edelmansmithfield.com
+971 50 973 1173

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