Baladna’s dairy manufacturing facility in Qatar. | Baladna

Baladna Achieves 18 Percent Gross Profit Growth and 170 Percent Net Profit Rise in Nine-Month Results

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Baladna Q.P.S.C. said in a statement that the company generated revenue of QAR 941 million in the nine months through September 30, 2025, a 10 percent increase from QAR 859 million in the same period a year earlier. Strong performance in evaporated milk along with contributions from yoghurt, UHT milk and expanded distribution drove the top-line growth. A flash note from QNB reported that gross profit climbed 18.1 percent to QAR 238 million during the period, with the margin expanding to 25.3 percent from 23.5 percent previously.

The company reported EBITDA of QAR 554 million for the nine months, up 94 percent year on year with a margin of 59 percent. Net profit reached QAR 381 million, marking a 170 percent increase and delivering a 41 percent margin. Returns from the Strategically Diversified Investment portfolio, part of Baladna’s plan for geographic and sectoral diversification, contributed to the bottom-line improvement according to the statement.

Earnings per share rose 170 percent to QAR 0.191, Baladna said in the statement. The board of directors proposed a 1-for-14 bonus share issuance totaling QAR 142.9 million, which remains subject to necessary approvals. The move follows the period’s robust financial performance and aims to enhance shareholder value.

Baladna launched 31 new SKUs across yogurt, drinkables, flavored milk, juices and value-added dairy categories throughout the period. These introductions supported a richer product mix and helped lift revenue while aligning with consumer preferences. The company’s integrated agri-industrial project in Algeria progressed according to plan, the statement added.

IMARC Group data placed the Qatar dairy market at USD 2.1 billion in 2025 and projected expansion to USD 3.1 billion by 2034 at a compound annual growth rate of 4.52 percent. Government initiatives to boost food self-sufficiency and rising demand for premium and functional dairy products underpin the sector outlook. Baladna holds a leading position in the local dairy and juice segment through ongoing portfolio development and operational efficiencies.

Later full-year figures from Baladna showed 2025 revenue reaching QAR 1.27 billion, building on the nine-month momentum. EBITDA for the full year stood at QAR 770 million with net profit at QAR 540 million. The results reflect continued execution across core operations, retail channels and international investments.

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Financial Arabia NewsDesk is the desk responsible for Financial Arabia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.