Balady Poultry Trading Co.
9559.SR
Saudi Exchange136.20
SAR
-4.80
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Balady Poultry Trading Co.
9559.SR
(Saudi Exchange)
Recent
price
136.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Balady Poultry Trading Company SJSC is a Saudi Arabia-based poultry company engaged in the production, processing, and sale of poultry products. Founded in 2007 and headquartered in Khamis Mushait, the company operates primarily within the Kingdom of Saudi Arabia. Its core product offerings include whole and marinated chicken; chicken parts such as gizzards, hearts, breasts, thighs, feet, wings, mixed pieces, liver, and legs; as well as chicken fillet. The company also manages laying broiler breeders and hatcheries, operates slaughterhouses for poultry, rabbit, and bird meat, and is involved in the production of fresh, chilled, and frozen meat and poultry products. Additional business segments include transportation of refrigerated and frozen goods, wholesale of animal feed and non-pharmaceutical feed additives, and production of poultry feed. Beyond poultry, Balady Poultry also produces fertilizers from organic materials and potassium fertilizers and provides construction and renovation services for residential, non-residential, and government buildings such as schools, hospitals, and hotels. Balady Poultry has recently undertaken a significant expansion strategy spanning from 2025 to 2029, backed by a $304 million investment aimed at scaling its poultry operations. This investment includes the construction of a new slaughterhouse and poultry meat processing factory with a capacity to handle 500,000 birds daily, the establishment of 600 broiler chicken coops, and two hatcheries each with an annual production capacity of 100 million chicks. The expansion is financed through the company’s cash reserves and Sharia-compliant loans from the Saudi Agricultural Development Fund and commercial banks. Furthermore, the company has signed contracts for land leases and construction projects in Wadi Al-Dawasir to support this growth initiative. Balady’s major strategic focus is to increase poultry production capacity to meet growing domestic demand, enhance food security, and align with Saudi Arabia's national economic goals. The company is also backed by significant shareholders including Almunajem Foods, which holds a 40% stake. Balady Poultry serves the Saudi domestic market with a focus on high production standards and regional food security. The company aligns itself with national development plans such as the Saudi National Transformation Program 2020 and Vision 2030, emphasizing sustainability and productivity in poultry farming. Its operations support not only consumer fresh and processed poultry needs but also contribute to agricultural supply chains and local economic development. Balady continues to innovate in poultry breeding, processing, and feed production, maintaining robust growth through strategic investments and partnerships in the Saudi poultry industry.