The results at the end of the second quarter are all the more creditable for Masafi as it was achieved at a time when the bottled water industry was generally experiencing sluggish growth. The 8 percent increase saw market leader Masafi selling an additional 3.6 million litres of bottled mineral water by the end of the second quarter, over and above the sales achieved during the same period in 2001.
Masafi has been the market leader for the past 25 years in the mineral water business in the UAE and GCC states. The company aims to enhance its market leadership by continuously enhancing the excellence of its wide range of products through its commitment to innovation and providing safe and healthy drinking water.
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Masafi announces 8 per cent sales growth by the end of the second quarter in 2002
- United Arab Emirates: Tuesday, October 08 - 2002 at 16:18
- PRESS RELEASE
Dubai-based Masafi Mineral Water Company has announced it has achieved excellent growth by the end of the second quarter for 2002 (1st April - 31st September 2002), recording a sharp 8 percent increase in sales compared to the corresponding period last year.
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For further information, please contact: Naamat Baradhy/Anosh Ahamath, Bates PanGulf PR,P.O. Box 3294, Dubai, UAE Tel: +9714 2219 065; Fax: +9714 2247839
Posted by Anne-Birte Stensgaard, News EditorTuesday, October 08 - 2002 at 16:18 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Thu Sep 18 2003.
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