Company signs agreement to explore opportunities in Saudi Arabia’s voluntary carbon market.

SAUDI ARABIA – Saudi Arabia-based Almarai Company reported higher revenue during the second quarter of 2026, with its poultry business contributing significantly to growth despite higher operating costs and continued regional and logistical challenges.
The company generated revenue of SAR5.87 billion (US$1.57 billion) during the April to June period, representing an 11% increase compared with the same quarter last year, while net profit remained broadly unchanged at nearly SAR636 million (US$169.9 million).
Almarai attributed the performance to continued demand for its poultry and dairy products, supported by a resilient supply chain, disciplined cost management and an improved product sales mix.
Revenue for the first six months of 2026 reached just over SAR12.0 billion (US$3.20 billion), reflecting a 9% increase compared with the corresponding period in 2025.
Chief Executive Officer Fawaz Al Jasser said the company’s recent financial performance demonstrates the benefits of careful cost control while reinforcing its commitment to strengthening food security, expanding its market leadership and investing in product innovation to support long-term growth.
Within the group, the poultry division recorded higher sales after expanding its customer base across multiple markets, while continued investment in production capacity and operational efficiency also supported business growth.
The Dairy and Juice as well as Bakery divisions also delivered positive results during the quarter, contributing to the group’s overall revenue increase.
In a separate development, Almarai announced at the end of June that it had signed a memorandum of understanding with the Regional Voluntary Carbon Market Company to assess opportunities within Saudi Arabia’s developing voluntary carbon market.
The agreement will allow the company to evaluate participation in the country’s carbon credit trading platform, which supports climate finance initiatives by facilitating the buying, selling and trading of certified voluntary carbon credits.
According to the company, the initiative aligns with broader efforts to reduce greenhouse gas emissions while supporting sustainability objectives across its operations.
Almarai ranks among the Middle East’s leading poultry producers, with annual production of approximately 263 million birds, according to the 2024 WATT Poultry Top Poultry Companies database.
The Saudi Arabian company markets whole chickens, poultry cuts and value-added products under its Al Youm brand while also operating one of the world’s largest vertically integrated dairy businesses and one of the largest food and beverage manufacturing and distribution companies across the Middle East and North Africa.
For the financial year ended December 31, 2025, Almarai reported revenue of SAR22.06 billion (US$5.88 billion) and operating profit of SAR3.06 billion (US$816.0 million).
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