6014 · 10/05/2026 08:21:39 · Announcement #95129 · View on Saudi Exchange

Alamar Foods Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 236,859,812211,135,53012.183261,379,772-9.38
Gross Profit (Loss) 66,715,22355,381,00220.46582,559,758-19.191
Operational Profit (Loss) 5,340,0153,580,33549.14822,578,643-76.349
Net Profit (Loss) Attributable to Shareholders of the Issuer 1,828,520-869,768-17,492,513-89.546
Total Comprehensive Income Attributable to Shareholders of the Issuer -998,270-7,45513,290.6119,263,859-
All figures are in (Actual) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Shareholders Equity (after Deducting Minority Equity) 281,531,611284,666,037-1.101
Profit (Loss) per Share 0.07-0.03
All figures are in (Actual) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses --
All figures are in (Actual) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is Sales increased driven by the positive effect from marketing initiatives and continued service improvement, as well as the consolidation of the 29 stores in the cities of Makkah and Taif from the fourth quarter of 2025.
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 increased driven by sales growth, supported by the positive impact of management actions aimed at creating a more agile cost structure and better balance between variable and fixed costs, with continued focus on operational excellence and service improvement.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Sales decreased due to the Ramadan seasonality impact.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Net profit decreased due to sales performance being impacted by the Ramadan seasonality impact.
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 Alamar maintains a robust balance sheet with a strong net cash position, supported by net cash generation from operating activities amounting to SAR 43.8 million in the first quarter of 2026.

Over the last twelve months, Alamar opened 25 new corporate restaurants on a net basis and added a further 29 stores through the acquisition of its sub-franchisee in the cities of Makkah and Taif, bringing the total corporate store count to 597 as of the end of March 2026. In addition, the Company added 9 non-corporate stores on a net basis, bringing the non-corporate store count to 148 as of the end of March 2026.

Subsequent to the period ended 31 March 2026, the Company has completed the regulatory process relating to the acquisition of 100% of the shares in Al-Shaghaf Arabia Limited Liability Company, which holds the exclusive franchise rights for the Five Guys brand in the Kingdom of Saudi Arabia and operates 13 restaurants in the Kingdom.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.