Abu Dhabi Securities Exchange-listed Agthia Group announced the company's net profit for the Q3 grew 29.4 per cent year-on-year to reach Dh25.2 million, while net profit for the first nine months declined 17.6 per cent to Dh79.2 million, as per the company's financial results posted on the exchange's website. Net sales rose 6 per cent year-on-year or 8.4 per cent quarter-on-quarter to reach Dh736 million for the nine month of this year. This result was driven by a particularly strong performance in the company's water and beverage division, which achieved a 30.6 per cent increase in sales year-on-year, the state said. The Group's balance sheet remains strong with a debt-equity ratio of 21 per cent and a cash balance of Dh240 million, the statement added.