The Union Coop has revealed remarkable financial and operational results for the first half of 2025, driven by strategic expansion in the retail sector, innovative digital services, and a customer-centric approach that has solidified its leadership in the retail industry within the UAE.
According to Mohammed Al Hashimi, the CEO of Union Coop, the organization achieved a net profit of AED 173.6 million after tax for the first half of this year, compared to AED 163.14 million during the same period in 2024, marking a growth of 6.4%. Total revenue reached AED 1.158 billion, comprising AED 1.031 billion from retail sales, AED 88 million from real estate, and AED 39 million from other income sources.
Additionally, he noted that the profits for the second quarter of 2025 increased by 13% compared to the same period last year, which reinforces the effectiveness of the operational strategy of Union Coop. He also mentioned a significant increase in the customer base, with new customer numbers rising by 30% and sales through the online store growing by 24%.
Al Hashimi further stated, “In the first half of this year, we expanded our business by opening three new branches in Al Khawaneej, Nad Al Sheba, and Rukan Mall.”