Almunajem Foods Company

4162

SA15DGU21117

Food Retail & Distribution

Delayed Saudi Arabian S.E. Other stock markets 06:14:51 2024-05-09 am EDT			5-day change	1st Jan Change
125.8 ^SAR	+1.45%		+2.28%	+70.69%

Apr. 30	Almunajem Foods Signs Binding Deal for Stake Purchase in Balady Poultry	MT
Apr. 30	Almunajem Foods Company entered into an agreement to acquire 22.878788% stake in Balady Poultry Company for approximately SAR 180 million.	CI

Almunajem Foods Company Reports Earnings Results for the First Quarter Ended March 31, 2023

May 13, 2023

Almunajem Foods Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 901.96 million compared to SAR 788.01 million a year ago. Net income was SAR 81.88 million compared to SAR 97.56 million a year ago.

Latest news about Almunajem Foods Company

Almunajem Foods Signs Binding Deal for Stake Purchase in Balady Poultry	Apr. 30	MT
Almunajem Foods Company entered into an agreement to acquire 22.878788% stake in Balady Poultry Company for approximately SAR 180 million.	Apr. 29	CI
Correction: Almunajem Foods to Build SAR157 Million Food Factory in Saudi Arabia	Apr. 29	MT
Almunajem Foods to Build SAR157 Million Food Factory in Saudi Arabia	Apr. 29	MT
Almunajem Foods Co. Announces Establishing A Food Factory in Jeddah	Apr. 28	CI
Almunajem Foods Company Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 21	CI
Almunajem Foods Posts Lower FY23 Net Profit; Revenue Up	Mar. 20	MT
Balady Poultry Finalizes SAR134 Million Share Sale with Almunajem Foods	Mar. 07	MT
Almunajem Foods to Buy Minority Stake in Balady Poultry Trading for SAR134 Million	Mar. 06	MT
Almunajem Foods Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 06	CI
Almunajem Foods Company (SASE : 4162) signed a memorandum of understanding to acquire a 17% stake in Balady Poultry Company.	23-10-23	CI
Almunajem Foods Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-07	CI
Almunajem Foods Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-13	CI
Almunajem Foods Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-25	CI
Almunajem Foods Company signed a non-binding memorandum of understanding to acquire 51% stake in Alwashim Poultry.	23-02-27	CI
Almunajem Foods Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-07	CI
Almunajem Foods Company Reports Earnings Results for the Second Quarter Ended June 30, 2022	22-08-24	CI
Almunajem Foods Company Reports Earnings Results for the Second Quarter Ended June 30, 2022	22-08-24	CI
Almunajem Foods Company(SASE:4162) added to S&P Pan Arab Composite	22-06-20	CI
Almunajem Foods Company(SASE:4162) added to S&P Global BMI Index	22-06-20	CI
Certain Ordinary Shares of Almunajem Foods Company are subject to a Lock-Up Agreement Ending on 20-JUN-2022.	22-06-19	CI
Almunajem Foods Company Announces Distribution of Dividend for the Year 2021	22-06-05	CI
Almunajem Foods Company Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-22	CI
Almunajem Foods Company Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-29	CI
Almunajem Foods Co. Recommends the Distribution of Cash Dividend for the Year 2021	22-03-27	CI

Chart Almunajem Foods Company

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Company Profile

Almunajem Foods Company SJSC is a Saudi Arabia-based company, which is engaged in importing, marketing, distributing, and producing a variety of frozen, chilled, and dry foods. The Company provides under it's umbrella more than 700 food items classified under Five main categories: red and white meat, frozen fruits and vegetables, dairy products, olives, olive oil, and other products. The company also markets it's brands, such as Dari, Montana, Saudi Al-Anam, Al Habra, and others through more than 18 thousand distribution outlets within retail, wholesale, and food service segments. The company operates approximately fourteen branches around the Kingdom, twelve of which are cold stores. Moreover, The Company operates a meat processing factory in Jeddah, which produces minced meat, chicken breasts, chicken FPP and others.

Sector

Food Retail & Distribution

Calendar

2024-05-15 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

124 SAR

Average target price

102 SAR

Spread / Average Target

-17.74%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Food Wholesale

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Food Wholesale