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FINANCIAL NEWS
Saudi-based Almarai’s net profit soars 10 percent in Q3
09 Oct 2015
(MENAFN) Almarai, Saudi Arabia’s biggest dairy firm registered a 10.3 percent surge in the three months to September gross profit.
The profit was at USD158.7 million in the mentioned period, which is a margin rise from last year’s USD143.7 million net earnings, based on reports.
The top Saudi firm, which sold USD426.4 million sukuk in September, stated that quarterly sales climbed 7.8 percent to USD932.7 million.
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