Almarai Company announced on Sunday that its net profit rose to SAR 731.2 million in the first quarter of 2025, up 5.6% compared to SAR 692.2 million in the same period last year. The company also reported an operating profit of SAR 874.1 million, compared to SAR 868.8 million in Q1 2024, reflecting a 0.606% increase.
Earnings per share reached SAR 0.74 in the first quarter, compared to SAR 0.7 in the same quarter of the previous year.
Revenues increased by 6% due to strong volume growth and improved Ramadan performance led by the Fresh Dairy, Juice, and Poultry categories. The EGP devaluation in Egypt offset the growth by 1%.
The positive impact of higher revenue growth of 6% resulted in a corresponding net profit improvement that was partially offset by higher energy costs.
In addition, higher planned capital investments resulted in increased capitalization of interest cost, which also supported the net profit growth.
Contribution of various Business Categories towards the 6% increase in net profit growth is as follows:
• Dairy & Juice Category: Net profit increased compared to last year due to improved sales in all markets, supported by robust performance in the Ramadan season, especially for fresh dairy categories.
• Bakery Category: Net profit grew in line with volume and revenue growth.
• Poultry Category: Growth in net profit was driven by strong volume growth across all countries and supported by production efficiencies.
