Saudi NADEC Profits Fall About 72.5% in Q3 2026

The Saudi National Agricultural Development Company (NADEC) saw its profits drop by about 72.5% in the third quarter of 2026, to SAR 30.4 million, despite higher revenues. The company announced its preliminary financial results for the period ended September 30, 2026. Bloomberg coverage indicated that rising costs and shipping disruptions were behind the decline.

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• NADEC's profits fell about 72.5% in the third quarter of 2026.

  «أرباح نادك السعودية تتراجع بنحو 72.5% خلال الربع الثالث من 2026»

  CNBC عربية • صحيفة درة الالكترونية
• Profits reached SAR 30.4 million in the third quarter, despite higher revenues.

  «أرباح «نادك» تتراجع 72.5% إلى 30.4 مليون ريال في الربع الثالث من 2026 رغم ارتفاع الإيرادات»

  صحيفة درة الالكترونية
• Bloomberg attributed the decline to rising costs and shipping disruptions.

  «ارتفاع التكاليف واضطرابات الشحن يهبطان بأرباح "نادك" السعودية نحو 73%»

  الشرق بلومبرغ
• The company announced its preliminary condensed consolidated financial results for the period ended September 30, 2026, covering nine months.

  «أعلنت الشركة الوطنية للتنمية الزراعية (نادك) نتائجها المالية الأولية الموحدة المختصرة للفترة المنتهية في 30 سبتمبر 2026، وتغطي تسعة أشهر.»

  Saudi Exchange

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