Mezzan Holding net profit to parent company shareholders up 6.8%

Mezzan Holding net profit to parent company shareholders up 6.8%
KUWAIT, 1 days
ago
Mezzan Holding KSC, one of the largest manufacturers and distributors of food, beverage, FMCG and pharmaceutical products in the Gulf, grew its Q1 2021 net profit to parent company shareholders by 6.8% compared to Q1 2020, as a result of improved operating results.
 
The company recorded KD73.4 million in revenue, driven by its food manufacturing and distribution, fast-moving consumer goods and healthcare as well as Mezzan’s industrial segment. 
 
Earnings before interest, tax, and depreciation and amortisation (EBITDA) grew by 1% due to the reduction in selling, general & administrative expense (SG&A). 

Related Keywords

Qatar ,Afghanistan ,Kuwait ,Jordan ,Garrett Walsh ,Mohammad Jassim Al Wazzan ,Group Revenue ,Mezzan Holding ,Mezzan Holding Executive Vice ,Food Business Line ,Business Line ,Non Food Business Line ,Business Lines ,கத்தார் ,குவைத் ,ஜோர்டான் ,காரெட் வால்ஷ் ,முகமது ஜாஸ்ஸிம் அல் வஜ்ஜன் ,குழு வருவாய் ,உணவு வணிக வரி ,வணிக வரி ,அல்லாத உணவு வணிக வரி ,வணிக கோடுகள் ,