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Almunajem Foods Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 812.5 | 797.3 | 1.906 | 861.4 | -5.676 |
| Gross Profit (Loss) | 181.1 | 122.2 | 48.199 | 185.4 | -2.319 |
| Operational Profit (Loss) | 88.9 | 35.6 | 149.719 | 100 | -11.099 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 84.7 | 31 | 173.225 | 97 | -12.68 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 62.1 | 31 | 100.322 | 114.7 | -45.858 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 1,673.39 | 1,698.79 | -1.495 |
| Gross Profit (Loss) | 366.44 | 255.56 | 43.387 |
| Operational Profit (Loss) | 188.91 | 81.94 | 130.546 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 181.72 | 71.02 | 155.871 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 176.81 | 71.02 | 148.958 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,161.75 | 1,020.99 | 13.786 |
| Profit (Loss) per Share | 3.03 | 1.18 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Revenue increased by 1.9% during the second quarter of 2026 compared to the corresponding quarter of the previous year, driven by a relative improvement in market conditions. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Net profit increased by 173.4% in the second quarter of 2026 compared to the corresponding quarter of the previous year, reaching SAR 84.7 million. The increase is mainly attributable to higher gross profits across most product categories, driven by improved profit margins. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue of 2nd Quarter 2026 decreased by 5.7% reaching SR 812.5 million compared to 1st Quarter 2026. This is driven by drop in sales volumes mainly in Dairy and Olives & Oil categories due to the change in seasonal consumption patterns. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit for the second quarter of 2026 decreased by 12.7% compared to the first quarter of 2026, reaching SR 84.7 million, mainly due to the following reasons: • Gross profit decreased by 2.3% compared to the first quarter of 2026, primarily driven by lower sales volumes in the Dairy and Olive & Oil categories, resulting from changes in seasonal consumption patterns. • A relative increase in operating expenses related to marketing and supply chain costs, in addition to expansion-related expenses for the new logistics subsidiary (LoadLy). |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenue decreased by 1.5% during the current period of 2026 compared to the corresponding period of 2025, primarily due to lower sales volumes across most major product categories. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit increased by 155.9% during the current period of 2026, reaching SAR 181.7 million, compared to the corresponding period of 2025. The increase was mainly attributable to: - Higher gross profit resulting from improved profit margins across most major product categories supported by relatively improved market conditions. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | NA |
| Reclassification of Comparison Items | Some comparative figures for the previous periods have been reclassified in line with the current period's classification. |
| Additional Information | During the six-month period ended 30 June 2026, the Group recognized a net unrealized loss of SR 4.9 million on financial assets measured at fair value through other comprehensive income (FVOCI), comprising an unrealized gain of SR 17.7 million recognized during the first quarter of 2026 and an unrealized loss of SR 22.6 million recognized during the second quarter of 2026 on the Company’s investment in Al Jouf Agricultural Company |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 56.3
Net Change -0.3 (-0.53%)
Value Traded (Sar) 3,461,855.3
Volume Traded 61,298
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