S&P 5007,600.50▲1.5% Nasdaq25,913.90▲2.1% Dow53,178.41▲1.3% Russell 2K2,981.91▲1.7% 10-Yr4.69%−6bp VIX15.86−0.13 WTI$80.00▼5.5% Gold$4,106.70▲1.4% EUR/USD1.151▼0.1% BTC$64,041▲0.9% Nikkei64,362▲4.0%
At close · Mon, Aug 3, 2026
Daily Market Updates.

Commodities

HomeCommoditiesEnergy TransitionArabian Mills profit rises 10% in Q2 despite flat reve…

Arabian Mills profit rises 10% in Q2 despite flat revenue

Saudi flour and feed producer Arabian Mills reported revenues near SAR 230.6 million in Q2 2026, while cost controls and lower financing costs helped lift net profit to SAR 59 million.

Arabian Mills for Food Products Co. said its second-quarter 2026 net profit rose 10% to SAR 59 million, even though revenues were essentially flat at SAR 230.6 million, World Grain reported. The company attributed the improvement to continued growth in its Flour business.

World Grain said Arabian Mills pointed to higher consumer sales of small-pack flour, driven by promotional incentives in retail and wholesale channels across Saudi Arabia, along with the launch of new products. The company also noted that flour growth of SAR 3.11 million was partly offset by a decline in Bran revenue as it shifted production to support expansion of its Feed segment.

The firm said the strategy reflects an effort to optimize resource utilization and meet growing demand for feed products, alongside effective cost controls and decreased financing costs due to reduced debt. In the first six months of 2026, World Grain reported net profit climbed 22% to SAR 143.9 million and revenue increased 5% to SAR 503.39 million.

World Grain added that the Flour business led in the first half, up SAR 17.1 million or 6% year on year, while Feed growth rose by SAR 13.5 million mainly from its Livestock segment to meet market demand. Bran sales declined as more bran was used in Feed production, and Arabian Mills said it has flour and feed capacity of 4,920 tonnes and 600 tonnes per day respectively.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.