| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 2,999,400 | 2,857,652 | 4.96 | ||
| Gross Profit (Loss) | 933,944 | 1,041,725 | -10.35 | ||
| Operational Profit (Loss) | 483,603 | 477,813 | 1.21 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 477,389 | 483,163 | -1.2 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 489,510 | 481,195 | 1.73 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 1,742,709 | 1,807,250 | -3.57 | ||
| Profit (Loss) per Share | 14.92 | 15.12 | |||
| 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 | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | Sales of SAR 2,999 Mln versus SAR 2,858 Mln represent an increase of 4.96%, attributable to: • Strong performance of emerging channels, particularly OOH, Export, and E-Commerce, which delivered robust YoY growth of 38.4%, 26.0%, and 54.9% respectively. • International markets continued to support growth, led by export markets in new countries, which recorded strong double-digit revenue growth. • Mlekoma operations delivered 29.8% sales growth vs last year. Overall SADAFCO achieved sales of SAR 3,065 Mln (including discontinued operations of Kuwait, Jordan & Bahrain, which has moved now to a distributor model, replacing legal entity and it’s a business as usual). SADAFCO maintained its position as a market leader with market shares of UHT milk 58.4%, Tomato Paste 51.3% and Ice cream 30.5%, despite a challenging environment. For comparison of total results (including discontinued operations), please refer table given as an attachment. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net profit in 2025 reached SAR 477 Mln versus SAR 483 Mln in previous year, primarily attributed to the following factors: • Gross margin of 31.1% was maintained at a healthy level vs 36.5% for last reported period driven by a) higher key raw material costs of carried stock. b) general inflationary trend c) unfavorable product mix especially ice cream sales reduction and d) fuel price increase. • Selling & distribution expenses are 14.8% of net sales versus 16.0% last reported period, driven by efficiency across. • General & administrative expenses are 4.05% of net sales, reflecting a marginal increase versus last year. • Financial income decreased by SAR 15.7 Mln due to higher dividend payout. • Zakat & tax expense is based on zakat base. Profitability remains at a healthy level of 15.9%. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 | Certain comparative figures have been reclassified to conform to the current period’s presentation including. |
| Additional Information | SADAFCO is pleased to announce another year of solid top-line growth, reinforcing our commitment to disciplined execution and a continued emphasis on sustainable returns. • SADAFCO is focused on maintaining its market share in a challenging environment. • SADAFCO continues to maintain a strong balance sheet through disciplined working capital management, reflected in a robust cash position of SAR 605 million. • Our innovations continue to deliver new offerings 32 new SKUs were launched to strengthen the current portfolio. • SADAFCO will continue to invest in capex and A&P to ensure future growth and cost optimization. • The company announced its decision to voluntarily liquidate three owned subsidiaries in Kuwait, Jordan, and Bahrain, as part of a strategic shift from a self-operated model to a distributorship model aimed at reducing operating costs and improving efficiency. Consequently, the financial performance of these three subsidiaries is presented as discontinued operation in the annual financial statements. • The company has a one-off gain on sale of property in Riyadh amounting to SAR 107.4 Mln. • The company recorded one-off impairment of assets, amounting to SAR 16.4 Mln. • Shareholders’ equity stands at a solid SAR 1.74 billion versus SAR 1.81 billion in the prior year, following the payment of a SAR 17 per share dividend in 2025. • SADAFCO initiated treasury shares buy back. During the year, 40,123 shares were bought. Total treasury shares 540,373. • The earning per share is computed as follows: Profit attributable to owners of SADAFCO SAR 477,389,000 Total shares 32,500,000 Treasury shares held by the Company 540,373 Total shares outstanding 31,959,627 Weighted average number of ordinary shares outstanding at end of the period 31,993,324 EPS 14.92 |
| Attached Documents | Attached Documents |
