CATRION 9M 2026 profit falls 28% to SAR 171.05M; Q3 at SAR 43.08M

02/11/2026 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

CATRION Catering Holding Co. reported a net profit of SAR 171.05 million in 9M 2026, down 28% from SAR 237.19 million in 9M 2025.



Financials (Million Riyal)

Item 9m 2025 9m 2026 Change‬
Revenues 1,778.10 2,092.45 17.7 %
Gross Income 508.60 525.63 3.3 %
Operating Income 272.63 256.87 (5.8 %)
Net Income 237.19 171.05 (27.9 %)
Average Shares 82.00 82.00 -
Earnings Per Share before unusual items (Riyals) 2.81 2.09 (25.8 %)
EPS (Riyal) 2.89 2.09 (27.9 %)

The company attributed the annual decline in profits to temporary operational pressures in the aviation-related services segment, stemming from regional disruptions that led to fewer flights, meals served, and passenger volume. This adversely affected revenue and operating costs, resulting in lower operating profit.

 

Other factors included higher finance costs related to the accounting treatment of lease liabilities under IFRS 16 and project financing, lower finance income, a larger share of losses from investments in associates, and non-recurring income recorded under other income in 2025.

 

This came despite a 17.7% year-on-year (YoY) increase in the group’s revenue to SAR 2,029.5 million, compared to SAR 1,778.1 million in the same period of 2025.

 

The growth was driven by higher revenue from non-aviation services, including the Red Sea project, business lounges, and healthcare services, among others, as well as the consolidation of Gulf Catering Co.’s financial results effective March 1, 2026.

 

These gains were partially offset by lower revenue from the aviation-related services segment.



Current Quarter Comparison (Million Riyal)

Compared With The
Item Q3 2025 Q3 2026 Change‬
Revenues 617.26 740.25 19.9 %
Gross Income 179.55 171.71 (4.4 %)
Operating Income 108.28 76.63 (29.2 %)
Net Income 97.02 43.08 (55.6 %)
Average Shares 82.00 82.00 -
Earnings Per Share before unusual items (Riyal) 1.18 0.53 (55.6 %)
EPS (Riyal) 1.18 0.53 (55.6 %)

In Q3 2026, the company’s net profit plummeted 55.6% to SAR 43.1 million, from SAR 97 million in Q3 2025.

 

The decline was mainly driven by temporary pressures on the aviation-related services segment, as regional disruptions reduced flight volumes, meals served, and passenger numbers, weighing on revenue and operating profit. Higher finance costs related to lease liabilities under IFRS 16 and project financing, coupled with a larger share of losses from associates, also contributed.

 

Quarter-on-quarter, net profit declined 9.4% from SAR 47.56 million in Q2 2026.

 

Total shareholders' equity, excluding minority interest, reached SAR 1.57 billion at the end of Sept. 2026, compared with SAR 1.49 billion a year earlier.

View More Financial Results

 

View other reports

Share Price

CATRION Catering Holding Co.
53.85
0.10 0.19 %

CATRION Catering Holding Co. (CATRION)

More


Financial Ratios
Current
Market Cap (M Riyal) 4,415.70
Enterprise Value (EV) (M Riyal) 4,734.53
Shares Outstanding ((M)) 82.00
Recurring EPS ( Riyal) (TTM) 2.76
Book Value (BV) ( Riyal) 19.21
Par Value ( Riyal) 10.00
Recurring P/E (TTM) 19.51
P/E (TTM) 17.84
Price/book 2.80
Dividend Yield (%) (Last Year) 4.27
Return on Average Assets (%) (TTM) 6.7
Return on Average Equity (%) (TTM) 16.1
EV/Revenues 1.72
more

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request