Almarai Q1 2026 Net Profit Holds at $195M Amid 7% Revenue Growth
Almarai, Saudi Arabia's leading food and beverage company, reported a net profit of SR732.2 million ($195 million) for the first quarter of 2026, remaining broadly unchanged from the same period last year. Despite stable annual earnings, the company achieved a 57.5% quarter-on-quarter profit surge driven by higher sales volumes and an improved product mix. Total revenue climbed 6.8% year-on-year to SR6.16 billion, supported by strong Ramadan performance and robust demand in dairy and poultry sectors. While gross and operating profits saw sequential gains, overall profit margins faced pressure compared to the previous year due to cost factors. The bakery segment posted increased profits, whereas the protein category saw a decline attributed to poultry market supply conditions. Looking ahead, Almarai remains focused on managing supply chain risks and maintaining inventory levels amidst regional economic developments.
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Almarai Q1 2026 Net Profit Holds at $195M Amid 7% Revenue Growth
Almarai, Saudi Arabia's leading food and beverage company, reported a net profit of SR732.2 million ($195 million) for the first quarter of 2026, remaining broadly unchanged from the same period last year. Despite stable annual earnings, the company achieved a 57.5% quarter-on-quarter profit surge driven by higher sales volumes and an improved product mix. Total revenue climbed 6.8% year-on-year to SR6.16 billion, supported by strong Ramadan performance and robust demand in dairy and poultry sectors. While gross and operating profits saw sequential gains, overall profit margins faced pressure compared to the previous year due to cost factors. The bakery segment posted increased profits, whereas the protein category saw a decline attributed to poultry market supply conditions. Looking ahead, Almarai remains focused on managing supply chain risks and maintaining inventory levels amidst regional economic developments.
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