Fourth Milling sees 15% profit growth in 9M-26 on higher revenue

FOURTH MILLING
2286 -1.32% 3.74 -0.05

Riyadh — Mubasher: Fourth Milling Company reported a net profit of SAR 159.76 million in the first nine months (9M) of 2026, reflecting a 15.05% increase compared to SAR 138.87 million in 9M-25, according to the income statements.

The company attributed the net income growth to a 12.57% rise in revenues, which reached SAR 527.86 million in 9M-26 on the back of supported by a strategic focus on high-margin products and increased sales volumes.

Operating profit for the nine-month period stood at SAR 171.05 million, an increase of 18.03% over the previous year's SAR 144.93 million.

Earnings per share (EPS) rose to SAR 0.30 in 9M-26 from SAR 0.26 in 9M-25.

Total shareholders' equity, excluding non-controlling interests, was reported at SAR 813.89 million as of 30 September 2026.

Fourth Milling noted that it maintained its growth trajectory despite higher general and administrative expenses resulting from increased employee costs.

For the third quarter (Q3) of 2026, the net profit reached SAR 55.89 million, rising by 7.25% from SAR 52.12 million in the corresponding quarter of the previous year.

Quarterly revenue grew by 12.13% to SAR 184.78 million in July-September 2026.

The company noted that bran sales volumes increased by 9.8% and animal feed volumes surged by 53.8% during the period.

Gross profit margins for the quarter improved to 49%, compared to 46% in Q3-25.

Source: Mubasher Source: {{details.article.source}}