Arabian Company for Agricultural and Industrial Investment announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	320.1	339.6	-5.742	316.4	1.169
Gross Profit (Loss)	60.8	75.2	-19.148	28.4	114.084
Operational Profit (Loss)	13	29.4	-55.782	-1.8	-
Net profit (Loss)	21.2	22	-3.636	-6.3	-
Total Comprehensive Income	21.2	22.1	-4.072	-7.5	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	481.8	458.7	5.035
Profit (Loss) per Share	0.71	0.73
All figures are in (Millions) 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 (Millions) 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	For Q1 2025, Entaj reported revenue of SAR 320.1 million, down 5.8% year-on-year (YoY), reflecting sector-wide pricing pressures driven by ongoing supply-demand dynamics that have persisted since Q4 2024. Poultry sales, the key contributor to Entaj’s revenue (94.2% of Q1 2025), decreased by 10.5% YoY in Q1 2025 to SAR 301.5 million. Table eggs revenue (5.7% of Q1 2025 revenue) grew significantly by 700.3% YoY to SAR 18.4 million.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	In Q1 2025, Entaj continued to focus on operational efficiencies, optimizing distribution strategies and product mix, as well as driving capacity expansions. Profit margins were similarly squeezed by market supply-demand imbalances and further weighed down by higher costs from ongoing operational expansion.

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

For Q1 2025, Entaj reported revenue of SAR 320.1 million, down 5.8% year-on-year (YoY), reflecting sector-wide pricing pressures driven by ongoing supply-demand dynamics that have persisted since Q4 2024. Poultry sales, the key contributor to Entaj’s revenue (94.2% of Q1 2025), decreased by 10.5% YoY in Q1 2025 to SAR 301.5 million. Table eggs revenue (5.7% of Q1 2025 revenue) grew significantly by 700.3% YoY to SAR 18.4 million.

The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is

In Q1 2025, Entaj continued to focus on operational efficiencies, optimizing distribution strategies and product mix, as well as driving capacity expansions. Profit margins were similarly squeezed by market supply-demand imbalances and further weighed down by higher costs from ongoing operational expansion.

Cost of Sales decreased by 1.9% YoY to SAR 259.3 million in Q1 2025. Higher overhead costs and ongoing capacity investments to future-proof the business were mitigated by direct-material COGS improvements.

Gross profit for Q1 2025 amounted to SAR 60.8 million, representing a 19.0% margin, versus 22.1% in Q1 2024, as direct-material COGS optimizations partially offset the pressure from lower average selling prices.

Profit from Operations for Q1 2025 stood at SAR 13.9 million, with a margin of 4.1% (compared to a margin of 8.7% in the prior year). The margin compression was primarily due to increased depreciation (SAR 3.3 million impact) and increased overhead expenses due to capacity expansion, further exacerbated by supply-demand imbalances which persisted since Q4 2024.The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is For Q1 2025, Entaj reported revenue of SAR 320.1 million, up 1.2% quarter-on-quarter (QoQ), reflecting an increase in sales volume across Entaj’s products, as a result of increasing consumer demand during peak Ramadan season.The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Gross profit for Q1 2025 amounted to SAR 60.8 million, an increase of more than 100% QoQ, representing a 19.0% margin, versus 9.0% in Q4 2024, on the back of direct-material COGS optimizations and favourable movements in NRV and Manufacturing OH Variances.

Profit for the period turned around from a loss of SAR 6.3 million in Q4 2024 to a net profit of SAR 21.2 million, driven by continued focus on operational efficiency and aided by an increase in other income (due to gain on fixed asset sales)Statement of the type of external auditor's report Unmodified conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NoneReclassification of Comparison Items NoneAdditional Information Poultry sales, the key contributor to Entaj’s revenue (94.2% of Q1 2025), decreased by 10.5% YoY in Q1 2025 to SAR 301.5 million. Table eggs revenue (5.7% of Q1 2025 revenue) grew significantly by 700.3% YoY to SAR 18.4 million.

Entaj anticipates a gradual recovery in margins as the benefits of its investments materialize. Additionally, efficiencies are starting to be realized from reduced hatching egg and bird-related costs, driven by upgrades and expansion in Entaj managed farms and improvements in the supply chain.Attached Documents

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