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Burgerizer Q2 profits surge 369
Bragazezer Restaurant Company "Beit Al-Shatira" achieved record profits of 5.49 million SAR in the second quarter of 2026, representing a remarkable increase of 368.91% compared to the same period last year. This growth was driven by higher gross profit and an improved profit margin of 34%, following a reduction in food costs and enhanced operational efficiency. Revenues also increased by 36.28% to reach 114.22 million SAR, supported by the consolidation of the "Shafel" brand results and sales from new branches. For the first half of the year, profits surged by 265.57% to reach 11.21 million SAR, while revenues grew by 34.94% to 218.93 million SAR. These results reflected significant improvements in gross profit and operating profit, despite rising costs of materials and expenses during the quarter.
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