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SADAFCO’s net profits drop 35% in Q1-26

SADAFCO’s net profits drop 35% in Q1-26
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SADAFCO
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Riyadh - Mubasher: The net profits of Saudia Dairy and Foodstuff Company (SADAFCO) reached SAR 82.02 million in the first quarter (Q1) of 2026.

The Q1-26 results were lower by 34.95% year-on-year (YoY) than SAR 126.11 million, according to the income statements.

The earnings per share (EPS) retreated to SAR 2.57 in January-March 2026 from SAR 3.94 in the same period a year earlier.

Furthermore, the revenues amounted to SAR 737.60 million as of 31 March 2026, marking an annual decrease of 2.64% from SAR 757.63 million.

Quarter-on-quarter (QoQ), the Q1-26 net profits surged by 67.11% when compared to SAR 49.08 million in Q4-25, while the revenues increased by 8.27% from SAR 681.24 million.