Riyadh — Mubasher: Fourth Milling Company witnessed a 48.46% increase in net profit to SAR 50.55 million during the second quarter (Q2) of 2026 from SAR 34.05 million in Q2-25.
Revenue for the April-June 2026 quarter rose 21.60% to SAR 167.84 million when compared with SAR 138.02 million a year earlier, according to the income statements.
The company attributed the performance to an 8% increase in flour sales volumes and a 28% surge in bran volumes.
Gross profit also grew by 40.93% to SAR 84.25 million, supported by improved margins despite higher administrative costs and selling expenses.
On a quarterly basis, net profit declined by 5.18% from the SAR 53.31 million recorded in Q1-26.
Fourth Milling cited seasonal demand fluctuations in the flour sector, where sales volumes fell by 10% compared to the previous three-month period.
For the first six months (6M) of 2026, net profit reached SAR 103.87 million, a 19.74% increase compared to SAR 86.75 million in the first half (H1) of 2025.
Half-year revenue grew 12.80% to SAR 343.08 million during January-June 2026.
Earnings per share (EPS) for the six-month period rose to SAR 0.19 from SAR 0.16 in H1-25.
Moreover, total shareholders' equity stood at SAR 828.35 million as of 30 June 2026.
