Modern Mills for Food Products (2284) reported third-quarter 2026 net profit of SAR 62.3 million, up 11% from SAR 56.14 million a year earlier. Revenue increased 25.8% to SAR 328.48 million.
Volumes and prices support revenue
The company attributed sales growth to higher volumes across its main segments and improved average selling prices. Higher raw material costs, which were not fully passed on to customers, together with distribution, geographical expansion and financing expenses, limited profit growth.
Quarterly and nine-month progress
Profit rose 16.6% from SAR 53.43 million in the second quarter. For the first nine months, net profit increased about 6% to SAR 181.6 million, while sales grew 17.1% to roughly SAR 906 million.
What should investors watch?
The results were announced on 25 October 2026. The key question is whether revenue growth can translate into stronger margins and cash flow. A better sales mix could help absorb expenses, but continued input and financing cost pressure could limit the benefit.
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تنبيه: المطاحن الحديثة ترفع أرباح الربع الثالث 11%.. نمو المبيعات يواجه ضغط التكاليف