Dubai – Mubasher: United Foods Company (UFC) said its board will meet on Tuesday to discuss its financial statements for the six months ended 31 May 2015, according to a filing to the Dubai Financial Market (DFM).

UFC previously reported 32.6% growth in net profits in the first quarter of the year, reaching AED 6.46 million ($1.76 million) compared to AED 4.88 million ($1.33 million) in Q1-14. It also posted a 12% rise in annual net profits for 2014, reaching AED 16.13 million ($4.4 million) compared to AED 14.4 million ($3.9 million) in 2013.

The company focuses on vegetable oils, natural butter as well as other commercial products.