Balady Poultry Co. (9559)

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News

15 October 03:00 AM Balady Poultry inks 2 lease deals to support SAR 1.1bn investment strategy

Riyadh – Mubasher: Balady Poultry Company has signed two land lease agreements with the Ministry of Environment, Water and Agriculture for 19 years, renewable for similar periods.The two land plots span 27.70 million meters and 23 million meters in W

Companies Investments

6 March 03:00 PM Balady Poultry logs SAR 118m net profit in 2024

Riyadh – Mubasher: The net profit of Balady Poultry Company climbed by 17.04% year-on-year (YoY) to SAR 118.11 million in 2024, compared with SAR 100.91 million. Revenue soared to SAR 887.11 million in 2024 from SAR 760.97 million in 2023, …

Financial Results

25 July 2024 03:59 PM Balady Poultry posts 79% YoY higher profits in H1-24

Riyadh – Mubasher: Balady Poultry Company logged a 78.61% year-on-year (YoY) surge in net profit to SAR 71.93 million during the first half (H1) of 2024 from SAR 40.27 million. Sales leapt by 30.49% YoY to SAR 449.63 million in H1-24 from SAR …

Financial Results

30 April 2024 11:22 AM Almunajem Foods acquires 23% additional stake in Balady Poultry

Riyadh – Mubasher: Almunajem Foods Company has signed a binding share purchase agreement with existing shareholders in Balady Poultry Company. Under the agreement, Almunajem Foods will buy around 1.51 million shares, representing 23% of …

Mergers and Acquisitions

20 February 2024 03:12 PM Balady Poultry rolls out agreement with China-based Famsun

Riyadh – Mubasher: Balady Poultry Company has signed a contract with Famsun Company Limited to establish a feed production plant at a value of $7 million, according to a bourse filing. Balady Poultry inked the deal with the Chinese firm on 19 …

Companies Investments

15 November 2023 04:24 PM Balady Poultry’s net profits drop nearly 3% in 9M-23; dividends for Q3-23 unveiled

Riyadh – Mubasher:  The net profit after Zakat and tax of Balady Poultry Company declined by 2.84% year-on-year (YoY) to SAR 64.20 million in the first nine months (9M) of 2023, compared to SAR 66.08 million. The company’s earnings per share (EPS) …

Board of Directors