| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Tanmiah reported a 6.6% decrease in revenues to SAR 614.2 million in Q3 2025, primarily due to lower revenue in the Animal Feed and Health Products segment, partially offset by an increase in QSR revenue. Fresh Poultry revenues remain stable, with increased production volume offsetting the ongoing pricing pressure. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The Company recorded a net loss attributable to shareholders of SAR 15.8 million in Q3 2025, compared to a profit of SAR 24.1 million in Q3 2024, mainly due to market challenges in the Fresh Poultry segment impacting pricing, inflationary impact from diesel and utilities rate increase, higher financing costs, and new facilities ramp up costs, partially offset by cost optimization initiatives. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenues decreased 5.4% in Q3 2025 to SAR 614.2 million, compared to SAR 649.5 million in Q2 2025, mainly due to lower revenue in the Animal Feed and Health Products segment. Fresh Poultry and QSR revenues remain stable. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The Company’s net loss attributable to shareholders stood at SAR 15.8 million in Q3 2025, compared to a profit of SAR 0.5 million in Q2 2025, due to continued pricing pressure in Fresh Poultry despite increase in volume production, inflationary impact from diesel and utilities rate increase, and higher financing expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenues increased 3.3% in 9M 2025 to SAR 1,940.8 million, compared to SAR 1,878.6 million in 9M 2024, supported by Tanmiah’s diversified business model and driven by strong performance in Restaurant Operations and growth in Animal Feed and Health Products segment, despite ongoing market headwinds and pricing pressures in Fresh Poultry. |
| 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 attributable to shareholders decreased 94.8% to SAR 3.6 million in 9M 2025, compared to SAR 69.1 million in 9M 2024, mainly due to ongoing market challenges resulting in continued pricing pressures in Fresh Poultry, inflationary cost pressures, higher financing expenses, and new facilities ramp up costs, partially offset by cost optimization initiatives. |
| 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) | None |
| Reclassification of Comparison Items | None |
| Additional Information | Fresh Poultry revenue remained relatively stable at SAR 1,468.4 million in 9M 2025, reflecting a 10.3% increase in sales volumes to 121.5 million birds, offset by lower selling prices due to higher chicken supply in Saudi Arabia. Revenue in the Animal Feed and Health Products segment increased 4.1% YoY to SAR 327.5 million in 9M 2025, driven by continued improvement in product and customer mix, as well as our new Joint Venture with MHP which scaled up during the period. Restaurant Operations maintained strong momentum, with revenue increasing 46.8% YoY to SAR 144.9 million in 9M 2025, reflecting organic growth and new store openings. As of 30 September 2025, the total network of operational outlets stood at 88 across major GCC markets. |
| Attached Documents | Attached Documents |
