Arabian Mills for Food Products Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 230,393,998 | 226,566,440 | 1.689 | 247,829,846 | -7.035 |
| Gross Profit (Loss) | 107,410,922 | 104,449,695 | 2.835 | 116,815,754 | -8.05 |
| Operational Profit (Loss) | 68,260,874 | 67,641,871 | 0.915 | 79,843,277 | -14.506 |
| Net profit (Loss) | 53,618,281 | 46,123,391 | 16.249 | 63,939,590 | -16.142 |
| Total Comprehensive Income | 54,508,281 | 45,990,391 | 18.521 | 64,060,590 | -14.911 |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 478,223,840 | 464,791,016 | 2.89 |
| Gross Profit (Loss) | 224,226,663 | 217,512,044 | 3.087 |
| Operational Profit (Loss) | 148,104,202 | 145,370,661 | 1.88 |
| Net profit (Loss) | 117,557,921 | 101,508,174 | 15.811 |
| Total Comprehensive Income | 118,568,921 | 101,542,174 | 16.768 |
| Total Shareholders Equity (after Deducting Minority Equity) | 1,123,410,125 | 924,508,617 | 21.514 |
| Profit (Loss) per Share | 2.31 | 1.98 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Actual) 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 | Arabian Mills Revenue increased by 1.69% to reach SAR 230.39 million in the current quarter Q2 2025, up by SAR 3.83 million compared to SAR 226.57 million for the same quarter last year Q2 2024. This growth was mainly driven by continuous growth in Flour followed by a slight decline of the feed and bran revenue. |
| 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 recorded a strong increase of 16.25% to reach SAR 53.62 million in the current quarter Q2 2025, up by SAR 7.49 million compared to SAR 46.12 million for the same quarter last year Q2 2024. This was mainly driven by the following factors:
1) Increase of the revenues by SAR 3.83 million driven by Flour segment.
2) Gross Profit increased by 2.83% to reach a Level of SAR 107.41 million in Q2 2025 compared to SAR 104.45 million in Q2 2024. This was mainly driven by revenue growth, efficiency and cost control.
3) Continuous improvement in managing administrative cost and operating expenses, which enhanced profitability.
4) significant decrease in financing costs by SAR 6.1 million as a result of the company's efforts to reduce debt by early voluntary payments of the loan and the increased Finance Revenues mainly from Islamic Sharia's compliant deposits. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Revenue decreased by 7.04% to reach SAR 230.39 million, a decline of SAR 17.43 million. This decrease is mainly due to seasonal effects, as Ramadan occurred in the first quarter of 2025, a period that typically sees higher flour consumption and increased sales. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net profit decreased by 16.14% to reach SAR 53.62 million in the current quarter Q2 2025 compared to SAR 63.94 million in the previous quarter Q1 2025 lower by SAR 10.32 million.
This decrease was driven by the decrease in Sales revenues due to Ramadan season in Q1 2025. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | Revenue increased by 2.89% to reach SAR 478.22 million in the current period 2025, up by SAR 13.43 million compared to SAR 464.79 million for the same period last year 2024. This growth was mainly driven by the following:
1) Strong growth of the Flour by 8.69% up by SAR 21.93 million.
2) Steady growth of Feed up by SAR 4.75 million mainly from Livestock segment.
3) Bran sales has declined due to the increase in the Bran usage in the Feed production and the competitiveness of the Market. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Net profit increased by 15.81% to reach SAR 117.56 million in the current period 2025, up by SAR 16.05 million compared to SAR 101.51 million in the previous period 2024.
This increase was driven by the following:
1) Steady growth of revenues mainly driven by Flour segment.
2) The improvement in managing administrative costs and operating expenses.
3) Lower Finance Cost by SAR 12.04 million as a result of the company's efforts to reduce debt by early voluntary payments of the loan and the increased Finance Revenues by 57.94% from Islamic Sharia's compliant deposits. |
| 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) | N/A |
| Reclassification of Comparison Items | N/A |
| Additional Information | For more information, please contact the our Investors Relations Department at the email: [email protected] |
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