Alamar Foods Reports SAR 1.83M Net Profit in Three Months 2026
Alamar 6014.SA | 0.00 |
On 2026-05-10 08:21:39 (Saudi Time), Alamar Foods Co. announced its Interim financial results for the three months ended on March 31, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 236,859,812 | 211,135,530 | 12.183 | 261,379,772 | -9.38 |
| Gross Profit (Loss) | 66,715,223 | 55,381,002 | 20.465 | 82,559,758 | -19.191 |
| Operational Profit (Loss) | 5,340,015 | 3,580,335 | 49.148 | 22,578,643 | -76.349 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 1,828,520 | -869,768 | - | 17,492,513 | -89.546 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -998,270 | -7,455 | 13,290.61 | 19,263,859 | - |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 281,531,611 | 284,666,037 | -1.101 |
| Profit (Loss) per Share | 0.07 | -0.03 | |
| All figures are in (Actual) 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 (Actual) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased 12.183% YoY to 236.86 million driven by marketing initiatives, service improvements, and consolidation of 29 stores in Makkah and Taif from Q4 2025. Net profit turned positive to 1.83 million compared to a loss of 0.87 million in the prior year, supported by sales growth and management actions to create a more agile cost structure with better balance between variable and fixed costs.
Quarter-on-Quarter Performance Drivers
QoQ revenue declined 9.38% to 236.86 million due to Ramadan seasonality impact. Net profit dropped 89.546% to 1.83 million, primarily driven by the sales performance decline caused by the same Ramadan seasonality effects.
Other Items
The external auditor issued an unmodified conclusion with no additional comments or qualifications noted. The company reported no accumulated losses, maintaining a strong financial position with net cash generation from operating activities of SAR 43.8 million in Q1 2026. Alamar expanded its footprint by opening 25 new corporate restaurants over the last twelve months and acquiring 29 stores through a sub-franchisee acquisition, reaching 597 corporate stores and 148 non-corporate stores by March 2026. Subsequently, the company completed acquisition of Al-Shaghaf Arabia Limited Liability Company, securing exclusive Five Guys franchise rights in Saudi Arabia with 13 operating restaurants.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95129&anCat=1&cs=6014&locale=arImportant 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.