Fourth Milling Lifts Nine-Month Profit 15% to 159.8M SAR
Riyadh, Saudi Arabia — Fourth Milling Company posted a net profit of 159.8 million SAR for the nine months ending September 30, 2026, up 15% from 138.9 million SAR in the same period last year. Revenue climbed 12.6% to 527.9 million SAR, driven by stronger volumes and higher prices in bran and animal feed. Gross […] The post Fourth Milling Lifts Nine-Month Profit 15% to 159.8M SAR appeared first…
Fourth Milling Company reported a significant increase in net profit for the nine months ending September 30, 2026, with profits rising 15% to 159.8 million SAR. Revenue also climbed 12.6% to 527.9 million SAR. Gross profit surged 22.1% to 260 million SAR, indicating disciplined margin management. The company's three quarters each showed sequential profit growth, with Q3 2026 being the strongest quarter yet, earning 55.9 million SAR in net profit and generating 184.8 million SAR in revenue.
The surge in animal feed volumes, up 53.8% year-on-year, and the strength in bran, up 9.8% year-on-year, were the key drivers behind the company's performance. Gross profit expanded significantly, driven by margin expansion and a focus on higher-margin product categories. Shareholders' equity grew 11% to 813.9 million SAR, and earnings per share increased by 15.4%.
The reclassification of transportation costs as selling expenses slightly inflated the reported revenue growth figure, but the underlying growth remains healthy. Fourth Milling's results demonstrate the company's disciplined execution of a higher-margin product strategy, which is translating into shareholder value. The company's positioning in Saudi Arabia's food security agenda and its strong balance sheet provide confidence for long-term investors.
Written by urgent.news from The Saudi Standard's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
