“Baladi Poultry” profits jump 85.58% to 12.35 million riyals in the first quarter
Baladi Poultry Company’s profits jumped by 85.58% in the first quarter of 2026 to 12.35 million riyals, compared to 3.65 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"This is mainly due to the increase in gross profit for most items as a result of improved profit margins and improved efficiency in managing costs associated with revenues, supported by improved market conditions and an increase in revaluation of biological assets.
Net profit increased during the first quarter of 2026 by 42.58%, compared to the fourth quarter of 2025, to reach 12.35 million riyals.
This is mainly due to an increase in overall profit. Profit for most items as a result of improved profitability margins and improved efficiency in managing costs associated with revenues, supported by improved market conditions and an increase in revaluation of biological assets.
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