Spinneys 1961 Hold

Dubai Stock Exchange SPINNEYS.AE

Spinneys 1961 Hold Net Income Margin for the year ending December 31, 2023: 8.92%

Spinneys 1961 Hold Net Income Margin is 8.92% for the year ending December 31, 2023, a 9.51% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Spinneys 1961 Hold Net Income Margin for the year ending December 31, 2022 was 8.15%, a 6.94% change year over year.
  • Spinneys 1961 Hold Net Income Margin for the year ending December 31, 2021 was 7.62%.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
Market news
SV Wall Street
Dubai Stock Exchange: SPINNEYS.AE

Spinneys 1961 Hold

CEO Mr. Sunil Kumar
IPO Date May 9, 2024
Location United Arab Emirates
Headquarters Liberty House
Employees 4,216
Sector Consumers Staples
Industries
Retail & Wholesale Specialty Retail
Description

Spinneys 1961 Holding plc, through its subsidiaries, engages in the operation of grocery retail supermarkets under the Spinneys, Waitrose, and Al Fair brands in the United Arab Emirates, Oman, and internationally. The company also engages in the trading and export of foodstuffs, grocery, and non-food products; wholesale of food stuff, groceries, and consumer products; production of bakery products; and processing of meat for supermarkets. In addition, the company produces and sells private label products under the SpinneysFOOD, SpinneysHOME, SpinneysWELLNESS, and Fine Food brand names, as well as offer products online. Spinneys 1961 Holding plc was founded in 1924 and is headquartered in Dubai, the United Arab Emirates. Spinneys 1961 Holding plc is a subsidiary of Al Seer Group LLC.

StockViz Staff

February 11, 2025

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