|Market: Abu Dhabi||Symbol: ASMAK||ISIN: AEI000201014||Industry: Consumer Staples|
|Number of Shares (mil)||510|
|Market Cap (mil)||494.70|
Established in 1999, International Fish Farming Holding Company PJSC, Asmak, is a leading provider of fresh and frozen seafood in the Middle East. An end-to-end producer and supplier, Asmak has aquaculture, hatchery, fishing and processing operations in the UAE, Saudi Arabia, Bahrain and Oman. In recent years, Asmak has expanded its portfolio of services to value-added food products, including breaded seafood products and has established a world class operation with global reach. Furthermore, Asmak has diversified its investment portfolio in 2010 by acquiring a group of companies especialized in real estate, contracting, landscaping and labor camp.
Asmak, the Abu Dhabi based leading company in aqua and seafood industry is by far one of the fastest-growing brands in the country and is set to be the seafood brand of choice in the region’s leading supermarkets.
|KEY FIGURES (AED’000)||
|Profit for the year||26,343||31,731||20,185|
|Profit for the year attributable to equity holders of the parent company||26,112||29,351||18,451|
|Net cash generated from operating activities||(3,398)||24,286||17,741|
|Net cash generated from/(used in) investing activities||(81,725)||(5,548)||(127,545)|
|Net cash used in financing activities||(4,318)||(943)||26,033|
|Cash and cash equivalents at the end of the year||157,894||175,689||91,772|
|Earnings per share (AED)||0.05||0.06||0.04|