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Alsafula Group Q2 profit hits 116.54M Riyals
Almarai Group's profits declined by 59.04% in the second quarter of 2026 compared to the previous quarter, despite a 10.26% year-over-year increase, reaching 116.54 million riyals. The quarterly decrease is attributed to seasonal revenue downturns, particularly in the food manufacturing and retail sectors, along with the recognition of non-recurring losses and liquidation operations in the previous quarter. Over the first six months, the group saw a 36.02% increase in profits, reaching 401.06 million riyals, with revenues rising by 3.88% to 13.59 billion riyals, supported by growth in the food manufacturing and retail sectors.
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