Tanmiah Food Posts SAR 5.4 Million Q3 Profit on Sales of SAR 777.9 Million
Saudi poultry firm Tanmiah Food reported Q3 sales of SAR 777.9 million and net profit of SAR 5.4 million, with all segments growing, according to Reuters.
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what happened
Reuters reports that Tanmiah Food Company, a Saudi poultry producer, posted third-quarter sales of SAR 777.9 million and net profit of SAR 5.4 million. Every business segment grew at a double-digit pace during the quarter. Income from other Gulf Cooperation Council markets exceeded double its previous level and reached SAR 92.0 million.
Fresh poultry revenue rose 15.5%, restaurant revenue climbed 25.5% year on year, and animal feed and health product revenue jumped 98.5%.
why it matters
Profit was modest relative to sales growth because costs for diesel, utilities, feed, logistics, insurance, distribution and financing all increased. Stronger poultry pricing and operating cost savings partly offset that pressure.
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- Tanmiah Food Q3 Profit SAR 5.4 Mln — Reuters, 8 November 2026 at 05:33 UTC
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