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Mezzan Holding reports 9M 2026 financial results

Publié par Zawya · Émirats il y a 1 j
Mezzan Holding reports 9M 2026 financial results
Zawya

Résumé détaillé

Mezzan Holding Co. KSCP, one of the largest manufacturers and distributors of food, beverage, FMCG, and healthcare products in the Gulf region, today announced its fina ...

Kuwait — Mezzan Holding Co. KSCP, one of the largest manufacturers and distributors of food, beverage, FMCG, and healthcare products in the Gulf region, today announced its financial results for the third quarter and first nine months ended 30 September 2026.

Chairman of Mezzan Holding, Mr. Montaser Jassim Al-Wazzan, said: “Mezzan Holding’s financial results for the first nine months of 2026 reflect the strength and resilience of the Group’s business model and its ability to maintain solid financial and operational performance, despite the economic challenges and geopolitical disruptions witnessed across the region and their impact on markets, business activities, and supply chains. This performance demonstrates the Group’s ability to adapt to changing circumstances and effectively navigate challenges, supported by a diversified business portfolio, strong brands, and the enduring trust earned from generations of consumers over more than 80 years.

Mr. Omar Samoud, Group CEO (Acting), and Group CFO, said: “Revenue grew 3.9% to KD 237.5 million during the first nine months of 2026, driven by strong performance in our Food Business Line and solid growth across regional markets, particularly Saudi Arabia and Qatar. Disciplined operating expense management and effective portfolio optimization initiatives supported a 12.7% increase in profit before tax. We will continue to focus on capitalizing on growth opportunities and enhancing operational efficiency to drive sustainable, profitable growth.”

Total Revenue for the Food Business Line reached KD 153.3 million, an increase of 4.8% compared with the same period in 2025. The Food Business Line accounted for 64.6% of Group Revenue. The Business Line comprises the following three divisions: Manufacturing and Distribution (generating 58.8% of Group Revenue), Catering (generating 4.7% of Group Revenue), and Services (generating 1.0% of Group Revenue).

Revenue reached KD 84.2 million, an increase of 2.5% compared with the same…

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