Trafco Group posts Financials for 2025

TDT | Manama

Email: mail@newsofbahrain.com

At its last meeting yesterday, the Board of Directors of TRAFCO GROUP approved the financials for the year ending 31st December 2025 as audited and presented by the external Auditors Ernst & Young For the fourth quarter of the year 2025, the Group reported a net profit attributable to the shareholders of Trafco BD 69k, as against BD 3k for the fourth quarter of 2024. Thus, basic and diluted earnings per share for the fourth quarter of 2025 were 1 fils compared to nil for the same period of the previous year.

On the other hand, with revaluation of a part of Group’s portfolio of unquoted investment by applying multiple valuation of similar entities on the international market as per accounting standards, as well as the general increase in market valuation of quoted investment during the 4th quarter 2025, total comprehensive income attributable to shareholders of Trafco for the fourth quarter 2025 was BD 332k compared to negative BD 1.58 million of the previous year 2024.

Full year

However, for the results of the financial year ended 31st December 2025, the Group achieved a net profit attributable to shareholders of Trafco of BD 1.22 million compared with BD 1.83 million in the previous year 2024 with a decrease of 33%.

The basic and diluted earnings per share for the full year of 2025 were 16 fils per share compared to 25 fils in the previous year 2024.

The total comprehensive income attributable to the shareholders of Trafco for the year 2025 of BD 1.75 million compared to BD 264k in the previous year 2024, with an increase of 563% mainly due to market improvement and positive revaluation of quoted investment at the end of the year.

The total shareholders’ equity (excluding minority interest) as of 31st December 2025 was BD 29.66 million compared with BD 29.24 million in the previous year, with an increase of 1.4%, and the Total Assets as of 31st December 2025 stood at BD 56.49 million compared to BD 55.63 million in the previous year, with an increase of 1.54%.

Cash dividend

Based on these results, the Board of Directors at its last Board meeting recommended the Annual General Meeting that is expected to meet on Sunday 29 th March 2026 to approve a cash dividend of 15% (15 fils per share) for a total amount of BD 1,112,844 to the shareholders whose names appear on the Company’s register on the records date. Such recommendation will be subject to approval from AGM and related Regulatory Authorities.

Mr. Ebrahim Zainal, Chairman of the Board, stated that the decline in the company’s profitability this year was due to several factors, most notably fluctuations in the prices of key commodities in which the group operates, as well as high-cost inventory accumulation during the second half of the previous year. He confirmed that the group still maintains a solid market share in the food sector and is gradually expanding the range of products and brands it deals with. He also noted that the overall performance of its subsidiary and affiliated companies is improving and expressed hope that results will be better in the coming years.

Mr. Azzam Moutragi, Group Chief Executive Officer, added that the Group has succeeded in securing new supply contracts and agreements for the distribution of new food products. In addition, investments have been made in new production lines and packaging formats within the industrial subsidiaries. These products have been launched in the markets starting from December 2025. He affirmed that the Group has an ambitious business plan for the year 2026.