{"data":{"id":"a32530af-7992-4271-b12b-aa1b737c5933","type":"article","translation_group_id":"a32530af-765d-4e3d-bd35-968711e2ba84","language":"en","content_type":"earnings","title":"Union Coop nine-month 2026 profit at AED 243,329,848","dek":"Union Coop reported a nine-month profit of AED 243,329,848 to 30 September 2026, compared with AED 226,854,072 a year earlier, its financial statements show.","slug":"union-coop-9m-2026-profit-aed-243-3-million","published_at":"2026-11-04T13:34:00+00:00","updated_at":"2026-11-04T14:12:13+00:00","primary_category":{"id":"2","type":"category","key":"corporate","name":"Corporate","slug":"corporate","summary":"Company filings, board decisions, M&A, buybacks, and governance across listed issuers.","seo_title":"Corporate News | Capital Wire","meta_description":"Company filings, board decisions, M&A, buybacks, and governance news covering listed issuers across UAE and GCC equity markets."},"featured_media":{"id":"a3253261-7ad1-4b72-addb-162c70f6dd6e","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/00f5384c06fee6d864295a92352d982cbfba91f924e9f704394e9cad262f9605.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/00f5384c06fee6d864295a92352d982cbfba91f924e9f704394e9cad262f9605-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/00f5384c06fee6d864295a92352d982cbfba91f924e9f704394e9cad262f9605.webp 1200w","width":1200,"height":630,"alt":"Union Coop nine-month 2026 profit at AED 243,329,848","caption":null,"credit":null,"license":"operator-supplied","ai_generated":false},"entities":[{"id":"a3253076-389e-46cd-af20-f6094fc304a2","type":"entity","entity_type":"company","collection":"companies","name":"Union Coop","slug":"union-coop","ticker":"UNIONCOOP","is_primary":true},{"id":"a2de49ee-6ca5-470a-ac94-09108b77d19c","type":"entity","entity_type":"exchange","collection":"exchanges","name":"Dubai Financial Market","slug":"dfm","ticker":null,"is_primary":false}],"flags":{"breaking":false,"featured":false,"correction":false},"subtitle":null,"executive_summary":"Union Coop reported a profit of AED 243,329,848 for the nine months ended 30 September 2026, compared with AED 226,854,072 a year earlier, according to its interim condensed financial statements filed with DFM.","key_points":["Nine-month revenue from sale of goods was AED 1,650,334,390, compared with AED 1,507,846,074.","Third-quarter profit for the period was AED 69,634,343, compared with AED 53,280,143.","Nine-month basic and diluted earnings per share were AED 0.14, compared with AED 0.13.","The Coop disposed of land with a carrying value of AED 78,334,920 for a net consideration of AED 99,990,000, resulting in a gain of AED 21,655,080."],"body":[{"type":"paragraph","text":"Union Coop reported a profit for the nine-month period ended 30 September 2026 of AED 243,329,848, compared with AED 226,854,072 a year earlier, according to its unaudited interim condensed financial statements filed with the Dubai Financial Market."},{"type":"heading","level":2,"text":"What happened"},{"type":"paragraph","text":"Revenue from sale of goods for the nine months was AED 1,650,334,390, compared with AED 1,507,846,074. Profit before tax was AED 268,615,189, compared with AED 250,792,431. Basic and diluted earnings per share were AED 0.14, compared with AED 0.13."},{"type":"paragraph","text":"For the three months ended 30 September 2026, profit for the period was AED 69,634,343, compared with AED 53,280,143, and revenue from sale of goods was AED 509,650,274, compared with AED 476,803,919. Basic and diluted earnings per share for the quarter were AED 0.04, compared with AED 0.03."},{"type":"heading","level":2,"text":"Why it matters"},{"type":"paragraph","text":"According to a note to the statements, during the period the Coop disposed of land with a carrying value of AED 78,334,920 against a net consideration of AED 99,990,000, resulting in a gain of AED 21,655,080."},{"type":"paragraph","text":"The statements were reviewed by Ernst & Young Middle East (Dubai Branch). In its report on other legal and regulatory requirements, EY said: \"The Coop has not complied with the clauses of the Cabinet Resolution No. (55) of 2024 Concerning the Executive Regulations of Federal Decree-Law No. (6) of 2022 and its Articles of Association, relating to the percentage of dividend declared. The Coop\u2019s management has obtained consent from the Department of Economy and Tourism on 26 February 2026 to declare the dividends using these percentages.\""},{"type":"heading","level":2,"text":"Who is exposed"},{"type":"paragraph","text":"Union Coop's board of directors met on Wednesday 4 November 2026 at 4:00 pm and approved the financial statements for the third quarter of 2026, according to a separate disclosure signed by Chief Executive Officer Mohamed Al Hashemi."}],"seo":{"seo_title":"Union Coop nine-month profit AED 243,329,848 | Capital Wire","meta_description":"Union Coop reported a nine-month profit of AED 243,329,848 to 30 September 2026, compared with AED 226,854,072 a year earlier, its financial statements show.","og_title":"Union Coop nine-month profit AED 243,329,848 | Capital Wire","og_description":"Union Coop reported a nine-month profit of AED 243,329,848 to 30 September 2026, compared with AED 226,854,072 a year earlier, its financial statements show.","social_image":{"id":"a3253261-7ad1-4b72-addb-162c70f6dd6e","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/00f5384c06fee6d864295a92352d982cbfba91f924e9f704394e9cad262f9605.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/00f5384c06fee6d864295a92352d982cbfba91f924e9f704394e9cad262f9605-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/00f5384c06fee6d864295a92352d982cbfba91f924e9f704394e9cad262f9605.webp 1200w","width":1200,"height":630,"alt":"Union Coop nine-month 2026 profit at AED 243,329,848","caption":null,"credit":null,"license":"operator-supplied","ai_generated":false}},"secondary_category":null,"topics":[{"id":"2","type":"topic","key":"dfm","name":"DFM","slug":"dfm","summary":"Dubai Financial Market listings, filings, index moves, and exchange developments.","seo_title":"DFM Market News | Capital Wire","meta_description":"Coverage of Dubai Financial Market listings, corporate filings, index moves, and DFM exchange developments for market readers."}],"tags":[],"gallery":[],"charts":[],"byline":{"mode":"desk","schema_type":"Organization","name":"Capital Wire","author":null},"citations":[{"id":"a32530af-80c2-45d9-8349-36e2b20cc585","url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Nov\/4\/68d022b9-b38d-45b9-bf14-f46ee851bc18\/Union%20Coop%20Q3%20FS%20%20%20English.Pdf.pdf","publisher":"feeds.dfm.ae","title":"DFM: Union Coop interim condensed financial statements, 30 September 2026 (EN)","source_published_at":null,"claim":null},{"id":"a32530af-81ce-482e-8627-f704e3f50880","url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Nov\/4\/71a0bfa8-0226-44d4-9e76-c020a1d52337\/Union%20Coop%20Q3%20FS%20%20%20Arabic.Pdf.pdf","publisher":"feeds.dfm.ae","title":"DFM: Union Coop interim condensed financial statements, 30 September 2026 (AR)","source_published_at":null,"claim":null},{"id":"a32530af-81f3-435e-ae9c-972172aed7a1","url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Nov\/4\/5cf24874-d99e-4f41-b02d-09b5fea95467\/UNIONCOOP%20BODRES%2004%2011%202026.Pdf.pdf","publisher":"feeds.dfm.ae","title":"DFM: Union Coop Board of Directors meeting results, 4 November 2026","source_published_at":null,"claim":null}],"sources":[{"url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Nov\/4\/68d022b9-b38d-45b9-bf14-f46ee851bc18\/Union%20Coop%20Q3%20FS%20%20%20English.Pdf.pdf","source_id":null,"label":"DFM: Union Coop interim condensed financial statements, 30 September 2026 (EN)","publisher":"feeds.dfm.ae"},{"url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Nov\/4\/71a0bfa8-0226-44d4-9e76-c020a1d52337\/Union%20Coop%20Q3%20FS%20%20%20Arabic.Pdf.pdf","source_id":null,"label":"DFM: Union Coop interim condensed financial statements, 30 September 2026 (AR)","publisher":"feeds.dfm.ae"},{"url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Nov\/4\/5cf24874-d99e-4f41-b02d-09b5fea95467\/UNIONCOOP%20BODRES%2004%2011%202026.Pdf.pdf","source_id":null,"label":"DFM: Union Coop Board of Directors meeting results, 4 November 2026","publisher":"feeds.dfm.ae"}],"corrections":[],"translations":[{"language":"ar","slug":"union-coop-9m-2026-profit-aed-243-3-million","published_at":"2026-11-04T13:34:00+00:00","is_current":false},{"language":"en","slug":"union-coop-9m-2026-profit-aed-243-3-million","published_at":"2026-11-04T13:34:00+00:00","is_current":true}],"schema_type":"NewsArticle"},"meta":{"request_id":"0fe23098-994d-485b-8064-5b35913a8abf","locale":"en"},"errors":[]}