Alamar Foods Co. announces its Interim Financial results for the Period Ending on 2026-06-30( Six Months )

Alamar Foods reported a net profit of SAR 17.9 million for the first half of 2026, marking a 23.8% increase year-on-year, while quarterly net profit grew 4.8% to SAR 16.0 million despite seasonal fluctuations in the previous period.
Revenue for the six-month period rose 15.2% to SAR 515.8 million, driven by marketing initiatives and the consolidation of 29 stores in Makkah and Taif along with 13 Five Guys stores acquired in late April 2026.
Operational profit increased by 28.0% year-on-year to SAR 29.2 million for H1 2026, supported by management actions to create a more agile cost structure and improved balance between variable and fixed costs.
The company significantly expanded its footprint to a total of 614 corporate stores by June 2026, utilizing SAR 80.7 million in net cash generated from operating activities to fund acquisitions and the opening of 22 new corporate restaurants over the last twelve months.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	278,925,422	236,704,237	17.837	236,859,812	17.759
Gross Profit (Loss)	86,461,114	70,667,496	22.349	66,715,223	29.597
Operational Profit (Loss)	23,824,879	19,208,252	24.034	5,340,015	346.157
Net Profit (Loss) Attributable to Shareholders of the Issuer	16,027,777	15,288,727	4.833	1,828,520	776.543
Total Comprehensive Income Attributable to Shareholders of the Issuer	17,800,113	16,938,487	5.086	-998,270	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	515,785,234	447,839,767	15.171
Gross Profit (Loss)	153,176,337	126,048,498	21.521
Operational Profit (Loss)	29,164,894	22,788,587	27.98
Net Profit (Loss) Attributable to Shareholders of the Issuer	17,856,297	14,418,959	23.839
Total Comprehensive Income Attributable to Shareholders of the Issuer	16,801,843	16,931,032	-0.763
Total Shareholders Equity (after Deducting Minority Equity)	286,680,974	290,218,849	-1.219
Profit (Loss) per Share	0.71	0.57
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

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Sales increased driven by the positive effect from marketing initiatives and continued service improvement, as well as the consolidation of the 29 stores in the cities of Makkah and Taif from the fourth quarter of 2025 and the 13 Five Guys stores in the Kingdom of Saudi Arabia from 29 April 2026.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit increased driven by sales growth, supported by the positive impact of management actions aimed at creating a more agile cost structure and better balance between variable and fixed costs, with continued focus on operational excellence and service improvement.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Sales increased driven by the positive effect from marketing initiatives and continued service improvement, in addition to the absence of Ramadan seasonality impact and the consolidation of the 13 Five Guys stores in the Kingdom of Saudi Arabia from 29 April 2026.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit increased driven by sales growth, supported by the positive impact of management actions aimed at creating a more agile cost structure and better balance between variable and fixed costs, with continued focus on operational excellence and service improvement.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Sales increased driven by the positive effect from marketing initiatives and continued service improvement, as well as the consolidation of the 29 stores in the cities of Makkah and Taif from the fourth quarter of 2025 and the 13 Five Guys stores in the Kingdom of Saudi Arabia from 29 April 2026.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net profit increased driven by sales growth, supported by the positive impact of management actions aimed at creating a more agile cost structure and better balance between variable and fixed costs, with continued focus on operational excellence and service improvement.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N/A
Reclassification of Comparison Items	N/A
Additional Information	Alamar 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, Alamar opened 22 new corporate restaurants on a net basis and added a further 29 stores through the acquisition of its sub-franchisee in the cities of Makkah and Taif and 13 stores through the acquisition of the Five Guys operator in the Kingdom of Saudi Arabia, bringing the total corporate store count to 614 as of the end of June 2026. In addition, the Company added 9 non-corporate stores on a net basis, bringing the non-corporate store count to 150 as of the end of June 2026.