Qatar's Baladna Reports 18% Gross Profit Growth to QAR 283.7 Million

Key Facts

1Baladna achieved an 18% growth in gross profit reaching QAR 283.7 million during the first nine months of 2026.

2Company revenue rose 4% to QAR 977.8 million with gross margin expanding to 29%.

Baladna achieved an 18% growth in gross profit reaching QAR 283.7 million during the first nine months of 2026. Gulf Times reported that the company's revenue rose 4% to QAR 977.8 million, while net profit saw a marginal increase of 1% to reach QAR 383.7 million for the period ending September 30, 2026.

The growth was driven by operational efficiencies and a gross margin expansion from 25% to 29%. Baladna also reported progress on its strategic international greenfield projects in Algeria and Syria, which included the completion of 59 water wells, the operation of 32 irrigation pivots, and the commencement of construction on dairy farms and manufacturing facilities.