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Balady Poultry Logs Rise in H1 Net Profit; Revenue Declines

MT Newswires·08/09/2026 03:29:39
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03:29 AM EDT, 08/09/2026 (MT Newswires) -- Balady Poultry (SASE:9559) said Sunday that net profit for the first half of 2026 increased, while revenue fell year over year. Net profit attributable to shareholders for the six months ended June 30 was 19.6 million Saudi riyals, compared with 18.1 million riyals earlier. EPS moved to 2.98 riyals from 2.75 riyals. The Saudi Arabia-listed poultry company's revenue was 399 million riyals, compared with 415.3 million riyals a year ago.