Alamar Foods achieves 33.5% higher profits in Q3-26

ALAMAR
6014 5.17% 44.34 2.18

Riyadh - Mubasher: Alamar Foods Company generated net profits amounting to SAR 20.92 million for the third quarter (Q3) of 2026, up 33.58% from SAR 15.66 million in Q3-25.

Sales jumped by 24.09% year-on-year (YoY) to SAR 293.68 million from SAR 236.67 million.

The company attributed the growth to positive marketing initiatives and service improvements.

Results were further bolstered by the addition of 29 branches in Makkah and Taif starting in late 2025, alongside the inclusion of 13 Five Guys branches in Saudi Arabia following an acquisition finalized on 29 April.

Operating profit for the quarter climbed by 35.44% to SAR 27.28 million.

In the first nine months (9M) of 2026, the listed company posted 28.91% YoY higher profits at SAR 38.78 million, compared to SAR 30.08 million.

Total revenue for the nine-month period stood at SAR 809.47 million, while earnings per share (EPS) rose to SAR 1.53 from SAR 1.19.

The company maintained a strong balance sheet with SAR 124 million in net cash generated from operating activities during the first three quarters.

As of 30 September 2026, Alamar Foods’ total network reached 622 owned branches and 151 non-owned branches.

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