Al Majed for Oud, one of the leading companies in the oriental perfume industry in Saudi Arabia and the Gulf region, announced exceptional financial results for the fiscal year 2025, with net profits surging by 39% to reach SAR 218 million, compared to SAR 157 million in the previous year. This strong performance reinforces the company's position in a competitive market and underscores the success of its operational and expansion strategies.
In an official statement published on the Saudi Stock Exchange (Tadawul), the company attributed this significant profit growth to several key factors. Foremost among these was strong sales performance, reflecting customer trust and brand loyalty, in addition to improved profitability across its product mix. The company also noted that efficient management and control of operating expenses played a pivotal role in maximizing net profit.
Revenue growth and strategic expansion
The positive performance wasn't limited to profits; the company's revenue also saw significant growth of 19% during the fiscal year ending December 31, 2025, reaching SAR 1.1 billion, compared to SAR 926 million in the previous year. The company attributed this revenue increase to the success of its expansion plans in new markets, improved operational efficiency across its existing store network, and the positive impact of launching new and innovative products that were widely well-received by consumers.
Historical background and market context
Founded in 1956, Al Majed for Oud has since built a solid reputation as one of the region's most established companies in the oud and perfume industry. Starting with an ambitious vision, it has grown into a commercial empire with hundreds of branches. This success comes within the context of the growth and prosperity of the Saudi retail sector, a key component of the Kingdom's Vision 2030, which aims to diversify the economy and strengthen the role of the private sector. The company's performance reflects the ability of national brands to compete and grow not only locally but also regionally.
Importance and future impact
These financial results are significant on several levels. Domestically, they indicate the strength of consumer spending and the health of the retail sector in the Kingdom. Regionally, they reinforce Al Majed for Oud's position as a key player in the Gulf fragrance market and could pave the way for further expansion in the region. Internationally, these strong figures could encourage the company to explore opportunities in global markets where demand for authentic oriental fragrances is growing. These results are expected to positively impact investor confidence in the company's performance on the stock market and support its future plans to invest in innovation, technology, and enhancing the customer experience.
