Balady’s H1 profits reach 19.6M riyals
Biladi Farms’ chicken company reported a rise in profits to 19.6 million SAR in the first half of 2026, representing an 8.49% increase compared to the same period in 2025. Production density grew by 9.45%, reaching 31 million birds, despite a 3.92% decline in revenues to 398.9 million SAR, due to decreased sales of some key products. Efficient cost management and increased production contributed to improved profit margins, highlighting the importance of full-production sales, which accounted for 72.26% of revenue during the second quarter of 2026.
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