Naf profit jumps 199% while Saudi feed demand remains stable

Feed prices moved with raw material costs and supply-chain expenses during the period. Al-Harbi said revenue growth came mainly from higher sales volumes and an expanded customer base, not from price changes alone. He expects feed prices in H2 2026 to remain linked to global raw material prices and shipping costs, along with local supply and demand. Naf will keep managing raw material costs and improving operating efficiency to protect margins, he said.

On Naf's planned transfer to the Saudi Main Market, Al-Harbi said the company's strategy through 2030 includes moving to TASI as a key objective. Any developments or decisions on the move will be announced under the relevant rules and regulations.

The company is focused on strengthening its position in feed through market expansion and a larger customer base, while making fuller use of existing production capacity. Al-Harbi said Naf is evaluating investment opportunities, including expansion or acquisitions, with a focus on feed and food security. "We are continuously evaluating investment opportunities that could support its strategy and create value for shareholders, whether through expansion or acquisitions, with a focus on activities related to the feed sector, supply chains, and food security, whenever opportunities are strategically and financially suitable," he said.