Riyadh – Mubasher: Arabian Food and Dairy Factories Company (Fadeco) reported a net loss of SAR 415,091 for the six-month period ended on 30 June 2026, reversing a net profit of SAR 137,143 during the first half (H1) of 2025.
The company attributed the downturn primarily to higher marketing, general, and administrative expenses amid regional geopolitical challenges, according to a bourse filing.
Revenue for the period rose by 5.39% to SAR 33.37 million in H1-26 from SAR 31.66 million a year earlier. The company stated that the increase was driven by higher sales volumes, improved operational performance, and expansion activities.
During the H1-26 period, Fadeco launched five new products to diversify its portfolio.
Total shareholders' equity, excluding non-controlling interests, stood at SAR 32.72 million in H1-26, representing a 1.25% decrease from SAR 34.45 million in H1-25.
The loss per share was SAR 0.29 in H1-26 when compared to earnings per share (EPS) of SAR 0.10 in H1-25.
The company disclosed that it utilized SAR 7.93 million of an available SAR 21.35 million Islamic credit facility.
Capital expenditure for the period included SAR 1.27 million in property, plant, and equipment purchases.
Fadeco said it expects to complete construction of a cold storage warehouse in Riyadh by the end of 2026.
