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FINANCIAL NEWS
Saudi Savola profit rises 37 percent in Q4
21 Jan 2014
(MENAFN) Net profit of the Saudi-based food company Savola Group has boosted by 37 percent in the fourth quarter of 2013, according to Arab News.
The company’s net profit was estimated at USD26.66 million during the period, thanks to the fall in commodity prices.
Savola is expected to make USD171.29 million in profit in the first quarter of the current year.
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