StocksMedium•9 November 2026•
1 min read
Almunajem Foods Net Profit Surges 108% to SAR 213.3 Million in 9M 2026
Key Facts
1Almunajem Foods reported a 9M 2026 net profit of SAR 213.3 million, a 108% increase year-on-year.
2Q3 2026 net profit fell slightly by 0.6% to SAR 31.5 million due to lower revenue and higher financing costs.
Almunajem Foods reported a net profit of SAR 213.3 million for the first nine months of 2026, representing a 108% increase compared to the previous year. Argaam reported that the growth was driven by higher gross profit and improved margins across all company categories during the period.
Q3 2026 net profit fell slightly by 0.6% to SAR 31.5 million, which the company attributed to lower revenue and increased financing costs. Shares of 4162.SR closed at SAR 55 on November 8, 2026, having recorded a session low of SAR 53.2.