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Baladi reports 19.6M riyals profit H1 2026
Moradi Poultry Company's results for the first half of 2026 showed an 8.49% increase in profits, reaching 19.6 million SAR compared to 18.1 million SAR in the same period last year. Despite a 3.92% decline in revenues to 398.9 million SAR, the company managed to improve its profit margins thanks to cost management efficiency and a 9.45% increase in production volume, which reached 31 million birds. The results reflect the company's stability despite challenges, with fully produced sales accounting for 72.26% of the total revenue.
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