The board of directors of Bahrain Flour Mills Company (Al Matahin) chaired by Basim Al Saie held their board meeting yesterday. At this meeting, the Board took a number of decisions, including the approval of the company’s financial statements for the nine months period ended 30 September 2025.
Mr Al Saie thanked the board of directors, the executive management and all of the company employees for their support and continuous endeavours to achieve the best results, wishing Al Matahin further progress and prosperity.
Al Matahin announced a net profit of BD538,388 for the third quarter of 2025, versus a net profit of BD358,905, for the same period in 2024 with an increase of 50 per cent.
The increase in the net profit for the third quarter of the year 2025 in comparison to the same period in 2024 is attributed to the increase of fair value of investments and in addition the compensation for the increase in conversion cost per ton.
The company reported basic and diluted profit per share of 21.69 fils for Q3 2025 versus basic and diluted earnings per share of 14.46 fils for the same period in 2024.
Operating profit for Q3 2025 was BD264,630 versus operating loss of BD107,594 for the same period in 2024, due to the compensation described above.
With regards to sales in Q3 2025, BFM generated BD1,825,024 versus BD1,800,558 in Q3 2024 – increased by 1pc.
For the period of nine months of 2025, BFM has reported a net profit of BD1,215,035 versus BD528,444 for the same period in 2024 – increase by 131pc attributed to the same factors driving the rise in the third quarter.
The company reported basic and diluted earnings per share of 48.94 fils for the period of nine months of 2025 versus 21.29 fils profit for the same period in 2024.
Operating profit for the period of nine months of 2025 was BD935,621 versus BD114,178 for the same period in 2024 – increased by 719pc, resulting from compensating the elevated cost of conversion cost.
BFM generated during the nine months of 2025, sales of BD5,518,193 versus BD5,737,441 for 2024 - with a decrease of 4pc derived from decrease in quantity sold by 3pc.
The company’s total equity increased by 2pc to BD27,433,011 compared with BD26,863,596 recorded as of December 31, 2024. The total assets for the period reached BD40,660,223 compared to BD39,713,717 at the end of 2024, being an increase of 2pc.