| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 737,603 | 757,633 | -2.643 | 681,245 | 8.272 |
| Gross Profit (Loss) | 224,692 | 276,652 | -18.781 | 164,357 | 36.709 |
| Operational Profit (Loss) | 83,973 | 124,227 | -32.403 | 53,768 | 56.176 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 82,027 | 126,112 | -34.957 | 49,083 | 67.118 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 79,530 | 130,521 | -39.067 | 52,678 | 50.973 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 1,566,562 | 1,649,773 | -5.043 |
| Profit (Loss) per Share | 2.57 | 3.94 | |
| 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 quarter compared to the same quarter of the last year is | SADAFCO’s quarterly sales, excluding Mlekoma increased by 2.9%, rising from SAR 635 million to SAR 653 million, mainly driven by emerging channels, particularly OOH and E-Commerce, which delivered robust value growth of 74.8% and 183.8% respectively. Mlekoma, recorded a decline in sales from SAR 123 million to SAR 84 million, mainly due to price corrections, while volumes remained broadly stable. As a result, total consolidated sales reached SAR 738 million compared to SAR 758 million in the same period last year, reflecting a decline of 2.6%, primarily driven by the performance of Mlekoma as outlined above. SADAFCO maintained its position as a market leader with market shares of UHT milk 50.8%, Tomato Paste 52.1% and Ice cream 30.7%, despite a challenging environment. For a comparison of total results, including markets that have transitioned to a distributor model, please refer to the attached table. |
| 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 declined by 34.96% during the current quarter compared to the same quarter of last year, primarily attributed to the following factors: A) higher key raw material costs of carried stock, b) general inflationary trend, c) unfavorable channel mix, and d) fuel price increase. Gross margin (excluding Mlekoma’s results) remains at healthy level of 34%. • Selling & distribution expenses are 15.0 % of net sales versus 16.5% last year, driven by efficiencies across, and KSA volume increase. • General & administrative expenses are 4.0% of net sales, reflecting a marginal increase versus last year. • Financial income decreased by SAR 3.5 million due to dividend payout during current period and lower interest rates. • Zakat & tax expense is based on zakat base. Profitability at a healthy level of 11.1 % of net sales. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Sales increased by 8.3% in the current quarter compared to the previous quarter, driven by higher volumes, supported by stronger Ramadan performance and favorable seasonal consumption patterns, while maintaining stable market share. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit increased by 67% in the current quarter compared to the previous quarter, driven by higher sales and the absence of a one-off impairment charge of SAR 16.4 million recorded in the prior quarter |
| 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 | Certain comparative figures have been reclassified to conform to the current period’s presentation. |
| Additional Information | SADAFCO commenced 2026 with a strong first-quarter performance, delivering revenue growth across KSA, GCC, and export markets, driven by disciplined execution and a continued focus on sustainable, long-term value creation. • SADAFCO is focused on protecting its market share while accelerating sales volume growth across multiple markets and emerging channels. • SADAFCO continues to maintain a strong balance sheet through disciplined working capital management, reflected in a robust cash position of SAR 371 million (including short-term investments) after dividends distribution of SAR 256 million. • SADAFCO will continue to invest in its brands and drive operational efficiencies • Dividends of SAR 8 per share were distributed during the quarter for the second half of 2025. • Shareholders’ equity stands at a solid SAR 1.57 billion versus SAR 1.74 billion in the prior year. • The earning per share is computed as follows: Profit attributable to owners of SADAFCO SAR 82,027,000 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 31,959,627 EPS 2.57 |
| Attached Documents | Attached Documents |
