CATRION Reports SAR 80.41M Net Profit in Three Months 2026
CATRION 6004.SA | 0.00 |
On 2026-05-10 08:06:25 (Saudi Time), CATRION Catering Holding 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 | 664,072 | 589,387 | 12.671 | 662,949 | 0.169 |
| Gross Profit (Loss) | 186,340 | 169,890 | 9.682 | 183,210 | 1.708 |
| Operational Profit (Loss) | 103,242 | 86,943 | 18.746 | 92,198 | 11.978 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 80,412 | 74,778 | 7.534 | 76,434 | 5.204 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 82,484 | 74,778 | 10.305 | 75,824 | 8.783 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 1,563,037 | 1,432,293 | 9.128 |
| Profit (Loss) per Share | 0.98 | 0.91 | |
| All figures are in (Thousands) 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 (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased 12.67% YoY to SAR 664.07 million, driven by higher aviation sector revenue and significant growth in non-aviation sector revenue, along with the consolidation of Al Khalejiah Catering Company from March 2026. Net profit rose 7.53% YoY to SAR 80.41 million, primarily attributed to the revenue growth across both aviation and non-aviation service sectors, improved operating efficiency, and lower general and administrative expenses.
Quarter-on-Quarter Performance Drivers
QoQ revenue increased marginally by 0.169% to 664.07 million SAR, driven by growth in non-aviation services and consolidation of Al Khalejiah Catering Company, though partially offset by seasonal decline and Ramadan impact in Q1. Net profit rose 5.204% to 80.41 million SAR due to reduced general and administrative expenses, as the previous quarter included one-off acquisition costs for Al Khalejiah Catering Company.
Other Items
CATRION Catering Holding Co. received an unmodified auditor conclusion for its Q1 2026 interim financial statements with no comments mentioned in other matter, conservation, notice, disclaimer of opinion, or adverse opinion paragraphs. The company completed acquisition of 55% of Al Khalejiah Catering Company's shares during the first quarter, with Al Khalejiah's results consolidated for one month from the acquisition date. Total shareholders equity increased 9.128% to SAR 1,563,037 thousand compared to the same period previous year. Earnings per share improved to SAR 0.98 from SAR 0.91 in the corresponding quarter of 2025.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95112&anCat=1&cs=6004&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.