Dubai – Mubasher: Union Coop logged net profits amounting to AED 212.70 million in the first nine months (9M) of 2024, compared to AED 177.70 million in 9M-23.

Income from the sale of goods amounted to AED 1.39 billion as of 30 September 2024, up year-on-year (YoY) from AED 1.32 billion, according to the unaudited financial results.

Basic and diluted earnings per share (EPS) increased to AED 0.12 in 9M-24 from AED 0.10 in 9M-23.

Income Results for Q3-24

During the third quarter (Q3) of 2024, Union Coop posted higher net profit at AED 49.56 million, compared to AED 42.38 million a year earlier.

The group’s income hiked to AED 430.01 million in Q3-24 from AED 411.61 million in Q3-23, while the basic and diluted EPS went up to AED 0.03 from AED 0.02.

In the six-month period that ended on 30 June 2024, the DFM-listed company recorded net profits worth AED 163.14 million.