Riyadh - Mubasher: The net profits attributable to the shareholders of BinDawood Holding Company went down by 0.82% year-on-year (YoY) to SAR 269.93 million in 2025 from SAR 272.15 million.
The earnings per share (EPS) remained unchanged at SAR 0.24 during 2025 when compared to the previous year, according to the income statements.
Revenues reached SAR 6.34 billion in January-December 2025, an annual growth of 11.80% from SAR 5.67 billion.
Ahmad AR Bindawood, the CEO of BinDawood, said: “This performance reflects our successful evolution into a diversified retail ecosystem, supported by the resilience of our core grocery segment, strong scaling of our Technology segment, and the full-year contribution of our distribution and pharmacy segments.”
“Our flagship brands, BinDawood and Danube, continued to expand across the Kingdom, complemented by the launch of our convenience store accelerator to address changing consumer lifestyles,” the CEO added.
He noted: “BinDawood is executing its vision for regional dominance by entering the Qatari market. The inaugural store under this arrangement opened in February 2026.”
“The acquisition of Toy Triangle expanded our distribution footprint across the GCC, while the acquisition of Mirror Mirror, Digital Prototype, and Barcode strengthened Ykone’s position as a global influencer marketing platform spanning Europe, America, India, and the Middle East,” the CEO emphasized.
BinDawood concluded: “Looking ahead, we are advancing our vertical integration strategy through the acquisition of a majority stake in UAE-based Wonder Bakery, with consolidation expected in 2026 to support margin optimization and localized quality control.”
During the first nine months (9M) of 2025, BinDawood Holding achieved 8.31% YoY lower net profits at SAR 156.40 million, compared with SAR 170.59 million.
