| Market: Qatar | Symbol: BLDN | ISIN: QA000T98R9J4 | Industry: Consumer Goods |
Baladna Q.P.S.C. is a public shareholding company incorporated on December 2nd 2019 under the Commercial Companies Law of the State of Qatar. The Company’s principal activity is to provide overall management, supervision and strategic support to its subsidiary, Baladna Food Industries W.L.L. (BFI).
Baladna was established in 2014 and is Qatar’s largest dairy and beverage producer, supplying over 95% of the country’s fresh milk.
Baladna is creating a foundation from which to ensure healthy, natural food resources to contribute to the self-sufficiency of the State of Qatar. The company’s objectives are to focus on enhancing the standards of quality of its products and providing a wonderful and fresh taste for its clients.
Baladna’s plot spans over 2.4 million square meters and has a capacity to home 24,000 Holstein cows. The company has several production lines of fresh milk, evaporated milk, sterilized cream, yoghurt, laban, long-life milk, cheese, labneh, fresh cream, desserts, and non- dairy products, namely juices, meat and organic fertilizers.
E-Life detergent factory, a subsidiary company of Baladna Food Industries W.L..L. engages in manufacturing and distribution of detergent products.
| Share data | 13/05/2024 | ||
| Currency | QAR | Volume | 8,722,682 |
| Previous Close | 1.338 | Number of Shares (mil) | 1,901.00 |
| Change (%) | 0.22 | Market Cap (mil) | 2,543.54 |
QR |
Year 2022 (12 Months) | Year 2023 (12 Months) |
|---|---|---|
| Income statement | ||
| Revenue | 985,620,392 |
1,056,759,702 |
| Gross profit | 209,901,661 |
210,404,994 |
| Operating profit for the period | 141,895,005 |
181,449,088 |
| Profit after tax for the period | 80,611,726 |
109,389,156 |
| Net profit attributable to equity holders of the parent | 80,611,726 |
109,628,571 |
| Cash flow | ||
| Net cash generated from operating activities | 8,367,485 |
99,062,347 |
| Net cash used in investing activities | (406,730,134) |
(258,958,735) |
| Net cash generated in financing activities | 394,361,080 |
183,157,267 |
| Cash and cash equivalents at the end of the period | (56,626,340) |
(33,365,461) |
| Balance sheet | 31 December 2022 |
31 December 2023 |
| Total assets | 4,438,454,623 |
4,843,526,406 |
| Total liabilities | 2,189,579,471 |
2,485,402,315 |
| Total shareholders' equity | 2,248,875,152 |
2,358,124,091
|
