On 2026-08-09 08:02:36 (Saudi Time), Arabian Company for Agricultural and Industrial Investment 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/revenue rose 31.81% YoY to SAR 885.9 million (from SAR 672.1 million), driven by higher sales volumes and stronger pricing across core divisions in both domestic and export markets, with the strategic partnership with JBS (Seara) beginning to contribute. The net loss attributable to shareholders narrowed significantly by 63.823% to SAR 12.3 million, compared with SAR 34.0 million in the same period of the prior year, as improved production and procurement efficiencies, along with gross profit growth (up 82.722% to SAR 139.6 million), addressed a significant portion of the operational challenges experienced during 2025. The remaining net loss was primarily attributable to increases in certain cost items, higher provisions related to biological assets and expected credit losses, and elevated domestic fuel costs.

Quarter-on-Quarter Performance Drivers

QoQ revenue rose 9.9% to SAR 463.8 million, driven by continued growth in sales volumes, further pricing improvements across core divisions, and an expanding contribution from the strategic partnership with JBS (Seara). However, net loss widened significantly to SAR 10.9 million from SAR 1.4 million in the previous quarter, primarily due to seasonal factors weighing on the Livestock segment, increases in certain cost items, and higher provisions, which more than offset the revenue growth and operational efficiency gains including lower operating expenses.

Other Items

The external auditor issued an unmodified conclusion with no additional comments, reservations, or other matters noted. Certain comparative figures for the periods ended 30 June 2025 have been restated and reclassified, as disclosed in Note 18 to the interim condensed financial statements. Total shareholders' equity (after deducting minority equity) stood at SAR 307.7 million as of the current period, compared to SAR 411.6 million in the same period of the prior year, representing a decline of 25.242%. Loss per share for the current six-month period was SAR -0.41, compared to SAR -1.13 in the same period of the prior year.

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.