Salalah Mills Company SAOG (SFMI) Earnings Call Transcripts

Salalah Mills Company SAOG's Latest Earnings Call - March 30, 2026

In the fiscal year 2026, Salalah Mills Company SAOG reported a stable revenue of OMR 83 million, consistent with the previous year, while EBITDA increased by 5% to OMR 5.87 million. The company achieved a profit after tax of OMR 2.6 million, up from OMR 2.5 million in 2025. Management highlighted ongoing challenges from geopolitical instability affecting raw material prices and logistics, but expressed confidence in maintaining margins through operational efficiencies and strategic investments, including a focus on their new bakery project set to scale production in Q2 2026.

Reported metrics

Guidance from management

Management expects to scale up production from the bakery project in Q2 2026, indicating a focus on enhancing product offerings and margins. They maintain a cautious outlook due to ongoing geopolitical risks affecting supply chains.

What management said

Well, I mean, like any flour mill, we do import the feedstock in terms of wheat, but our current level of stocks are very, very good and very, very high. In terms of export because we do export a lot of finished goods. We saw some disturbance in the port operation because we export through Salalah Mills and Salalah port locally here in Salalah. But as of now, we have seen some disturbance, but nothing substantial and...

In terms of volumes, we export around 50% of our flour production to regional markets like Yemen, Somalia and Africa in general. So around 50% of our flour production goes to exports.

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical instability on profitability and logistics, particularly how much the company's operations depend on exports. There were questions about the sustainability of the proposed dividend amidst fluctuating operational profits.

Main topics on the call

• Revenue Stability — Salalah Mills reported revenue of OMR 83 million, 'very similar to the last year'. This stability in revenue amidst market volatility indicates resilience in their core operations.
• EBITDA Growth — The company achieved an EBITDA of OMR 5.87 million, which is 'approximately 5% more than the last year'. This growth reflects improved operational performance despite external pressures.
• Geopolitical Risks — Management acknowledged 'some volatility in these prices going up and down' due to geopolitical situations affecting logistics and supply chains. This presents ongoing risks to profitability.
• Market Share Gains — Domestic market share increased from 42% to 44%, with domestic sales reaching OMR 45 million. This growth indicates a strengthening competitive position in the local market.

Read the full Salalah Mills Company SAOG transcript (March 30, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Salalah Mills Company SAOG earnings call transcripts on record, spanning March 18, 2025 to August 25, 2026. Based on this history, Salalah Mills Company SAOG reports semi-annually. The most recent call on file is dated August 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SFMI

Exchange

MSM

Country

OM

Sector

Consumer Staples

Industry

Food Products

Calls on record

4

First call

March 18, 2025

Most recent

August 25, 2026

Reporting cadence

semi-annually