Baladna achieves net profit of QAR 26 million in Q1 2022 ...Qatar

Baladna Q.P.S.C. (Baladna) has announced its quarterly results for the three months period ended 31st March 2022 (Q1 2022). Following its strong operational performance in the year 2021: Baladna recorded a revenue of QAR 239 million in Q1 2022 which is 31% growth compared to same period last year. Net Profit has reached QR 26 million, a decline of 41% compared to last year same period as a result of higher global commodity prices specially feed, raw material and packaging materials. Baladna has submitted the request to Ministry for increasing the selling prices and waiting for the approval. In order to mitigate inflationary concerns, Baladna focused on increasing sale volumes through increa

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Last updated : 28 April 2022 clock 08:23 AM

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Baladna achieves net profit of QAR 26 million in Q1 2022 ...Qatar

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