Arabian Mills for Food Products Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

Arabian Mills reported a 22.44% year-on-year increase in net profit for the first half of 2026, reaching SAR 143.94 million compared to SAR 117.56 million in H1 2025. For the second quarter of 2026, net profit grew 10.14% year-on-year to SAR 59.06 million, despite a 30.43% sequential decline from Q1 2026 attributed to seasonal consumption patterns following the Ramadan and Eid holidays.
Total revenue for H1 2026 rose by 5.26% to SAR 503.39 million, driven by a 6.25% growth in the flour segment—boosted specifically by a 21.54% surge in B2C sales—and a SAR 13.51 million expansion in feed products to meet livestock market demand.
Profitability was significantly bolstered by a reduction in finance costs, which decreased by SAR 8.14 million during the first half of the year due to early voluntary debt repayments and higher finance income generated from Sharia-compliant deposits.
Shareholders' equity grew by 18.89% year-on-year to SAR 1.34 billion as of June 30, 2026, while earnings per share (EPS) increased to SAR 2.81 from SAR 2.29 in the prior-year period, reflecting improved operational efficiency and effective administrative cost controls.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	230,663,179	230,393,996	0.116	272,727,621.09	-15.423
Gross Profit (Loss)	108,502,953	106,097,437	2.267	140,204,264	-22.61
Operational Profit (Loss)	71,191,295	69,645,325	2.219	96,614,923	-26.314
Net Profit (Loss) Attributable to Shareholders of the Issuer	59,055,605	53,618,281	10.14	84,887,630	-30.43
Total Comprehensive Income Attributable to Shareholders of the Issuer	60,048,605	54,508,281	10.164	85,052,630	-29.398
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	503,390,800	478,223,840	5.262
Gross Profit (Loss)	248,707,217	221,599,200	12.232
Operational Profit (Loss)	167,776,007	150,674,651	11.349
Net Profit (Loss) Attributable to Shareholders of the Issuer	143,943,228	117,557,921	22.444
Total Comprehensive Income Attributable to Shareholders of the Issuer	145,101,228	118,568,921	22.377
Total Shareholders Equity (after Deducting Minority Equity)	1,335,613,478	1,123,410,125	18.889
Profit (Loss) per Share	2.81	2.29
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

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	Revenue is almost flat as it slightly increased by 0.12% to reach SAR 230.66 million in the current quarter Q2 2026, up by SAR 0.27 million compared to SAR 230.39 million for the same quarter last year Q2 2025. This growth was mainly driven by the following: 1) Continuous robust growth of Flour by 2.44%, supported by the growth of B2B Revenues by +1.08% and the strong sales growth contribution from B2C by 21.07% as a result of the strong incentives to promote the small-pack in the Modern Trade and Wholesale over the Kingdom while launching New Products in the Market. 2) The Flour growth of SAR 3.11 million has been partially offset by a decline in Bran revenue reflecting the Company's strategic allocation of production to support the expansion of its Feed segment, optimize resource utilization, and meet the growing demand for feed products, in line with its long-term growth strategy.
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 recorded a strong increase of 10.14% to reach SAR 59.06 million in the current quarter Q2 2026, up by SAR 5.44 million compared to SAR 53.62 million for the same quarter last year Q2 2025. This was mainly driven by the following factors: 1) Slight Increase of the revenues by SAR 0.27 million driven by Flour. 2) Gross Profit increased by 2.27% to reach a Level of SAR 108.50 million in Q2 2026 compared to SAR 106.10 million in Q2 2025. This was mainly driven by revenue growth, better efficiency and cost control of Operations. 3) Effective cost control and particularly in overheads and administrative expenses while supporting the company growth. 4) significant impact of SAR 3.49 million from the decrease in financing costs as a result of the company's efforts to reduce debt by early voluntary payments of the loan and the increased Finance Revenues driven by Sharia's compliant deposits.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Revenue decreased by 15.42% reaching SAR 230.66 million, lower by SAR 42.06 million. The lower growth was driven by the seasonal impact as Ramadan season which drives the increase in sales from higher Flour consumption that falls in Q1 2026 in addition to the impact of the Eid Holidays on the B2B Customer that impacted lower Sales in Q2 2026.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	Net profit decreased by 30.43% to reach SAR 59.06 million in the current quarter Q2 2026 compared to SAR 84.89 million in the previous quarter Q1 2026 lower by SAR 25.83 million. This decrease was driven by the decrease in Sales revenues due to Ramadhan season in Q1 2026 in addition to the Holiday seasons offset slightly by Lower Marketing & Transportation Costs.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Revenue increased by 5.26% to reach SAR 503.39 million in the current period 2026, up by SAR 25.17 million compared to SAR 478.22 million for the same period last year 2025. This growth was mainly driven by the following: 1) Steady growth of the Flour by 6.25% up by SAR 17.10 million supported by strong growth of B2B Revenues by +4.82% and strong B2C growth by 21.54% as result of high incentives to promote the Small pack in the Modern Trade. Thus, in addition to the geographical expansions and the launch of New Products in the Market. 2) Significant growth of Feed, up by SAR 13.51 million mainly from Livestock segment to meet the Market demand. 3) Bran sales has declined due to the increase in the Bran usage in the Feed production.
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 by 22.45% to reach SAR 143.94 million in the current period 2026, up by SAR 26.38 million compared to SAR 117.56 million in the previous period 2025. This increase was driven by the following: 1) Steady growth of revenues mainly driven by Flour and Feed segments. 2) The improvement in managing administrative and Selling costs together with operating expenses while supporting the company growth. 3) High impact of SAR 8.14 million from the Finance Cost decrease which resulted from the company's efforts to reduce debt by early voluntary payments of the loan and from the increase in Finance Revenues by 80.67% from Sharia's compliant deposits.
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)	NA
Reclassification of Comparison Items	The Company reclassified certain prior-period comparative figures for the three-month period ended 30 June 2025 to ensure appropriate presentation and consistency in the classification of items within the condensed interim financial statements. The reclassified items are as follows: - Cost of revenue - Selling and distribution expenses - General and administrative expenses - Other income - Finance costs
Additional Information	For more information, please contact our Investors Relations Department at the email: IR@arabianmills.com