On 2026-08-05 08:20:06 (Saudi Time), Alamar Foods Co. announced its Interim financial results for the six months ended on June 30, 2026.

Year-on-Year Performance Drivers

For the six-month period ending 30 June 2026, sales grew 15.171% YoY to SAR 51.58 million (SAR 515,785,234 / 1,000,000 = SAR 515.79 million) from SAR 447.84 million, driven by marketing initiatives, continued service improvement, the consolidation of 29 stores in Makkah and Taif from Q4 2025, and the addition of 13 Five Guys stores in Saudi Arabia from 29 April 2026. Net profit attributable to shareholders rose 23.839% YoY to SAR 17.86 million from SAR 14.42 million, supported by the strong revenue growth and management actions aimed at creating a more agile cost structure with a better balance between variable and fixed costs, alongside a continued focus on operational excellence and service improvement. --- *Self-correction: Let me redo the unit conversion properly.* For the six-month period ending 30 June 2026, sales rose 15.171% YoY to SAR 515.79 million (from SAR 447.84 million), driven by marketing initiatives, continued service improvement, the consolidation of 29 stores in Makkah and Taif from Q4 2025, and the integration of 13 Five Guys stores in Saudi Arabia from 29 April 2026. Net profit attributable to shareholders increased 23.839% YoY to SAR 17.86 million (from SAR 14.42 million), supported by the revenue growth and management actions to build a more agile cost structure with a better balance between variable and fixed costs, underpinned by a continued focus on operational excellence and service improvement.

Quarter-on-Quarter Performance Drivers

QoQ revenue rose 17.759% to SAR 278.93 million (from SAR 236.86 million in the prior quarter), driven by marketing initiatives, continued service improvement, the absence of Ramadan seasonality impact, and the consolidation of 13 Five Guys stores in Saudi Arabia from 29 April 2026. Net profit attributable to shareholders surged 776.543% QoQ to SAR 16.03 million (from SAR 1.83 million), supported by the strong sales growth and management actions to build a more agile cost structure with a better balance between variable and fixed costs, alongside a continued focus on operational excellence.

Other Items

The external auditor issued an unmodified conclusion with no additional comments or reservations noted. No accumulated losses were reported. Total shareholders' equity (after deducting minority equity) stood at SAR 286,680,974 for the current period, compared to SAR 290,218,849 for the same period of the prior year, a decrease of 1.219%. Earnings per share for the current period were SAR 0.71, up from SAR 0.57 in the same period of the prior year. The company stated that it "maintains a robust balance sheet, supported by net cash generation from operating activities amounting to SAR 80.7 million in the first half of 2026." Over the last twelve months, the company opened 22 new corporate restaurants on a net basis and added a further 29 stores through the acquisition of its sub-franchisee in Makkah and Taif and 13 stores through the acquisition of the Five Guys operator in Saudi Arabia, bringing the total corporate store count to 614 as of end of June 2026, with non-corporate stores totalling 150 on the same date.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.