15-05-2025
BinDawood Holding expects Hajj season, Al Rawdah Pharmacies to lift Q2 2025
BinDawood Holding Co. expects to deliver strong performance in the second quarter of 2025, driven by several key factors, mainly the Hajj season, which typically sees a significant increase in consumer demand, CEO Ahmad A. BinDawood told Argaam in an interview.
Other factors include the full impact of Zahrat Al Rawdah Pharmacies' results, which will be fully reflected in the upcoming quarter, unlike the first quarter that included a partial period.
He explained that the total number of the company's branches reached 98 by the end of the first quarter of 2025. This includes 86 hypermarkets and supermarkets, in addition to 12 Dash stores distributed between the BinDawood Dash and Danube Dash brands.
