Baladna delivers resilient nine-month performance with 18% gross profit growth, strong margin expansion and continued progress on strategic projects
Baladna Q.P.S.C., Qatar’s largest dairy and beverage company, announced its financial results for the nine months ended 30 September 2026, delivering a resilient performance that reflects the strength...
Baladna, Qatar's largest dairy and beverage company, reported its Q3 2026 financial results, showcasing a resilient performance amid regional challenges. Revenue increased by 4% to QAR 977.8 million, while gross profit expanded by 18% to QAR 281.0 million, resulting in a 29% gross margin. Operating profit rose by 10%. The company's strategic inventory of six months' production helped maintain supply during global market fluctuations.
Baladna completed its rights issue, adding 25% to its share capital and strengthening its financial position. Continued progress was made on projects in Algeria and Syria, with the Syria facility now operational. The company remains confident in its investment portfolio, anticipating improved performance as market conditions stabilize.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
