Arabian Mills Reports SAR 84.89M Net Profit in Three Months 2026
ARABIAN MILLS 2285.SA | 0.00 |
On 2026-05-06 08:21:35 (Saudi Time), Arabian Mills for Food Products 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 | 272,727,621 | 247,829,846 | 10.046 | 272,947,321 | -0.08 |
| Gross Profit (Loss) | 140,204,264 | 115,501,768 | 21.387 | 134,725,751 | 4.066 |
| Operational Profit (Loss) | 96,614,923 | 81,029,495 | 19.234 | 81,138,468 | 19.074 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 84,887,630 | 63,939,594 | 32.762 | 56,943,754 | 49.072 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 85,052,630 | 64,060,594 | 32.769 | 56,613,754 | 50.233 |
| 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) | 1,326,836,693 | 1,099,177,652 | 20.711 |
| Profit (Loss) per Share | 1.65 | 1.25 | |
| 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 | - | - | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased 10.046% YoY to SAR 272.73 million, driven by flour segment growth of 9.47% (supported by B2B revenue growth of 8.22% and B2C growth of 21.82%), bran sales growth of 14.04% due to rising market demand with competitive pricing, and feed segment growth of 6.88% from higher ruminants sales demand. Net profit surged 32.762% YoY to SAR 84.89 million, primarily due to the SAR 24.90 million revenue increase, gross profit improvement of 21.387% reaching SAR 140.20 million through operational efficiency and cost control, and continuous improvement in administrative costs and operating expenses aligned with operational growth.
Quarter-on-Quarter Performance Drivers
QoQ revenue remained nearly flat at 272.73 million, declining 0.08% as higher bran sales from increased market demand were offset by slight flour sales decrease due to seasonality. Net profit surged 49.07% to 84.89 million, driven by improved gross margins, better cost control of operating and administrative expenses, and lower finance costs from early loan payments to reduce debt burden.
Other Items
The auditors issued an unmodified conclusion with no additional comments in other matter, conservation, notice, disclaimer of opinion, or adverse opinion paragraphs. The company reclassified certain prior-period comparative figures for the three-month period ended March 31, 2025, including revenue from contracts with customers, cost of revenue, selling and distribution expenses, general and administrative expenses, other income, and finance costs to ensure appropriate presentation and consistency. Total shareholders equity increased 20.711% to SAR 1,326,836,693, with earnings per share rising from SAR 1.25 to SAR 1.65.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94996&anCat=1&cs=2285&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.