| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 826.3 | 819.1 | 0.879 | 816.1 | 1.249 |
| Gross Profit (Loss) | 149.8 | 120.9 | 23.904 | 124.1 | 20.709 |
| Operational Profit (Loss) | 62.1 | 58 | 7.068 | 36.4 | 70.604 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 57.2 | 60.3 | -5.14 | 31.7 | 80.441 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 52.3 | 59.1 | -11.505 | 31.7 | 64.984 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 3,341.2 | 3,347 | -0.173 |
| Gross Profit (Loss) | 530.9 | 566.4 | -6.267 |
| Operational Profit (Loss) | 180.5 | 278 | -35.071 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 159.9 | 278.7 | -42.626 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 155 | 277.4 | -44.124 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,044.9 | 1,010 | 3.455 |
| Profit (Loss) per Share | 2.66 | 4.64 | |
| All figures are in (Millions) 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 (Millions) 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 | The slight increase in revenue during the 4th quarter of 2025 by 0.9% compared to the same quarter of last year, reaching SAR 826.3 million, is attributed to the volume growth witnessed in red & white meat and dairy categories despite of slight drop in avg selling prices. |
| 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 net profit for the 4th quarter of 2025 decreased by 5.2% compared to the same quarter of last year, reaching SR 57.2 million, despite the increase in gross profits and operating income. Gross profits increased in most of the categories due to improvement in gross profit margins in red & white meat and fruits & vegetables categories. The decrease in net profit in 4th Q 2025, is mainly impacted by lower share of profit from associate (Balady Poultry Company) recording SR 3.1M in Q4 of 2025 compared to SAR 7.3M for similar quarter of last year. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue of 4th Quarter 2025 increased by 1.3% reaching SR 826.3 million compared to 3rd Quarter 2025. This is driven by improvement of market conditions, despite of decrease in sales volumes of most of major categories. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The net profit for the 4thQuarter of 2025 compared to the 3rd Quarter 2025 increased by 80.4% reaching to SR 57.2 million due to the following main reasons: - Gross profits increased mainly due to improvement in gross profit margins associated with red & white meat and dairy categories - Moreover, operating expenses slightly dropped by 3.2% during 4th quarter 2025 compared with the previous quarter due to decrease in selling and distrubtion 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 | The slight decrease in revenues by 0.2 % for 2025 compared with the last year is due to the following: - Decline in selling prices mainly associated with Red & White Meat category which is impacted by Poultry due to price pressures in the market despite of increase in sales volumes across most of the categories. |
| 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 during 2025 decreased by 42.6% to reach SR 159.9 million compared to the similar period last year due to the following main factors: - Decrease in gross profit by 6.3% driven by a decrease in gross profit margins mainly related with Red & White Meat category due to pricing pressures in Poultry market. - Slight increase in operating expenses during 2025 compared with the last year as a result of increase in employees’ cost and selling & distribution expenses due to the expenses of the subsidiary, the Optimal Solutions Company for Logistics Services and establishing a new of new fresh poultry line of business. - Forex losses amounting to SAR 4.3 million during 2025 compared to Forex profits of SAR 3.8 million in the last year, impacted by appreciation of EURO vs. SAR - Increase in financing cost driven by higher CAPEX requirements associated with the expansion of meat factory and 3PL projects. - Moreover, for 2025, the Company recorded its share of the profit of associate (Balady Poultry Company) amounting to SR 12.3 million compared to (SR 22.2 million) for the last year. |
| 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 | Some comparative figures for the previous periods have been reclassified in line with the current period's classification. |
| Additional Information | - |
