Saudi Almarai revenues to raise by 10% in Q3

10 Oct 2016

(MENAFN) Saudi-based Almarai gained a net profit of SR654.6 million during Q3 and to increase by 10% from the previous time of the year.

Accordingly, the rose in net profits mostly happened because of a 2.5% push in sales in the main sector including dairy, juice and bakery.

Never the less, the rate of sales was down by 1.1% mainly due to better cost management and improved production effectiveness and nonstop drop of in-puts costs.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more