Baladna Q.P.S.C., Qatar’s leading dairy and juice company, announced its full year and fourth quarter results for the period ended 31 December 2025, posting record revenue and profit as it expanded its international footprint and benefited from diversified investments.
The company reported full year revenue of QAR 1.27 billion, an increase of 11 per cent compared with 2024, driven by higher sales volumes across key channels. The hospitality, restaurant and catering segment recorded particularly strong growth of 30 per cent during the year.
Fourth quarter revenue rose to QAR 326.5 million, up from QAR 286.2 million in the same period a year earlier. The increase was supported by stronger sales in the evaporated milk segment, seasonal demand and higher visitor activity linked to the FIFA Arab Cup Qatar 2025 held in December.
Profitability also improved significantly. Full year EBITDA reached QAR 770.1 million, representing a margin of 60.7 per cent, while net profit climbed to QAR 538.8 million, with a margin of 42.6 per cent. Earnings per share increased to QAR 0.252, compared with QAR 0.086 in 2024.
The company attributed its performance primarily to returns from the Strategically Diversified Investment Portfolio and continued progress on its international expansion strategy, as it works toward its long-term ambition of expanding beyond the domestic market.
Operationally, Baladna expanded its product portfolio to 267 stock-keeping units, adding more than 33 new products during the year. It now operates over 149 sales routes across Qatar, maintaining its leading position in the local market. In the fourth quarter, domestic demand was also supported by activity surrounding the Arab Cup tournament.
Beyond Qatar, the company advanced several projects. In Algeria, its large-scale integrated agri-industrial project moved from planning into active development. By the fourth quarter, 186 drilling permits had been secured, 45 wells completed and irrigation systems installed. The first crop cycle was initiated as part of efforts to achieve feed self-sufficiency. Engineering work on utilities and processing facilities also progressed, with the project remaining on track for first milk production by 2027.
In Syria, Baladna continued preparatory work for a planned integrated industrial project that will include farming, dairy and juice processing, packaging and warehousing. The company has already begun export shipments of selected long-life dairy products to the Syrian market. In Egypt, a fully operational back-office hub supports its growing international operations.
As part of its growth plans, shareholders approved a 24 per cent increase in paid-up share capital through a rights issue. The capital will rise from QAR 2.14 billion to QAR 2.66 billion through the issuance of more than 514 million new shares, subject to regulatory approval.
Baladna said the results reflect its strategy of combining domestic leadership with disciplined regional expansion under its “From Qatar to the World” vision.
