Arabian Mills Q3 net profit rises 3.3% to US$17.2M
Higher flour and animal feed sales, improved operational efficiency, and lower financing costs supported the growth.
SAUDI ARABIA – Arabian Mills for Food Products Co. reported a 3.3% increase in net profit to SAR64.59 million (US$17.2 million) for the third quarter ended 30 September 2026, up from SAR62.54 million (US$16.68M) in the corresponding period last year.
According to the company’s financial results, quarterly revenue increased by 2.1% to SAR251.64 million (US$67.10M), up from SAR246.49 million (US$65.73M) in Q3 2025.
Gross profit rose 1.2% to SAR115.87 million (US$30.90M), while operating profit increased slightly by 0.9% to SAR77.05 million (US$20.55M).
The flour segment remained a major revenue contributor, recording 2.76% growth during the quarter.
Consumer sales expanded by 46.43%, supported by promotional incentives for smaller packaging formats across modern retail and wholesale channels, along with the introduction of new products. Business-to-business (B2B) sales remained relatively stable.
The company’s animal feed segment also performed well, with revenue increasing by 10.87%, equivalent to SAR5.77 million (US$1.54M).
Growth was primarily driven by the livestock feed category, which benefited from stronger market demand.
Meanwhile, bran sales declined as the company redirected more of its bran output towards internal feed production to support the expansion of this business segment.
Arabian Mills attributed its improved profitability to revenue growth, operational efficiency and tighter control of administrative and operating expenses.
Reduced borrowing costs also supported earnings following the company’s efforts to repay outstanding loans ahead of schedule.
The company reported a SAR2.1 million (US$ 560,000) reduction in financing costs during the quarter, alongside improved returns from Sharia-compliant deposits.
For the first nine months of 2026, Arabian Mills recorded revenue of SAR755.03 million (US$201.34M), up 4.18% from SAR724.71 million (US$193.26M) in the corresponding period of 2025.
Net profit for the nine months rose 15.79% to SAR208.53 million (US$55.61M), up from SAR180.09 million (US$48.02M) previously.
The company continues to strengthen its distribution network and product portfolio to capture opportunities in Saudi Arabia’s food manufacturing market.
Its expansion strategy includes improving geographic distribution and launching new products under its Master Mills brand, including cake mixes, semolina, pasta, and gluten-free products.
The latest results demonstrate the company’s continued focus on operational efficiency, product diversification and growth in value-added flour and feed markets.
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