Almunajem Foods Company
TTADAWUL:416250.25
SAR
-1.75
(-3.37%)
Almunajem Foods Company
TADAWUL:4162
(Saudi Exchange)
Recent
price
50.25
P/E
ratio
13.70
div
yld
1.99%
ROIC.AI
Capital Structure
SAR
•
in mil. unless spec.Working Capital
SAR
•
in mil. unless spec.Growth Rates
SAR
•
in mil. unless spec.Quarterly Revenue
SAR
•
in mil. unless spec.Quarterly Earnings Per Share
SAR
•
in mil. unless spec.Quarterly Dividends Per Share
SAR
•
in mil. unless spec.- Similar Companies
- Business
- Almunajem Foods Company engages in the importation, marketing, distribution, and wholesale and retail trade of frozen, chilled, and dry foodstuffs in Saudi Arabia. The company offers poultry products including chicken and chicken products under brands such as Dari and DOUX; red meat; dairy products including cheese, butter, cream, and evaporated milk under brands such as President and Valbreso; french fries under LambWeston; olives and olive oil under COOPOLIVA; seafood under Asmak; fruits including avocado pulp; basmati rice; and other products including ready-to-eat meals from brands such as Montana, Marietta, Fletcher, Silver Fern Farms, Moralejo Selección, and Villa Germania. It provides logistical services encompassing temperature-controlled storage and transportation through 13 branches with over 200,000 square meters of facilities and capacity exceeding 55,000 tons; sells through direct-to-retail, foodservice including hotels, restaurants, catering, airlines, and cafes, wholesale to over 1,000 customers, supermarkets and mini-markets serving more than 18,000 outlets, and online platforms; and targets catering companies, hypermarkets, small retailers, and individual consumers across the Kingdom of Saudi Arabia. Founded in 1950 and headquartered in Riyadh, the company operates 14 branches nationwide and functions as a subsidiary of Abdullah Ali Almunajem Sons Company. In March 2024, Almunajem Foods completed the acquisition of a 17% stake in Balady Poultry Trading Company for SAR 134 million through a share purchase agreement; in April 2024, it announced plans for a SAR 157 million ($42 million) food processing factory in Jeddah's Third Industrial City with annual capacity of 35,000 tons for poultry, red meat, seafood, and dairy products, construction of which commenced in the third quarter of 2024 for completion in the first quarter of 2026; and recently reported interim financial results for the three months ended March 31, 2025.