Saturday 22 September 2018
 
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Almarai

Almarai reports $994.6m Q2 revenue

Saudi Arabia's Almarai, the largest dairy company in the Gulf, has reported a revenue of SR3.731 billion ($994.6 million) for the second quarter of this year, a decrease by 0.8 per cent compared to SR3.760 billion ($1.002 billion) in Q2 last

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Almarai plans $2.8bn capital investment

Saudi Arabia's dairy major Almarai Company board has approved the five-year business plan for the period 2019-2023, which envisages a capital investment of SR10.6 billion ($2.8 billion).   This investment pro

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Almarai reports gross profit of $404m for Q3

Saudi Arabia's Almarai, the largest dairy company in the Gulf, has reported a gross profit for the third quarter of SR1.51 billion ($404.24 million), an increase of 2.1 per cent as compared to the SR1.48 billion ($396.08 million) during the

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Almarai reports gross profit of $404m for Q3

Saudi Arabia's Almarai, the largest dairy company in the Gulf, has reported a gross profit for the third quarter of SR1.51 billion ($404.24 million), an increase of 2.1 per cent as compared to the SR1.48 billion ($396.08 million) during the

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to s

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Saudi Almarai net profit surges 10pc in Q3

Saudi-based Almarai, the largest dairy company in the GCC, made a net profit of SR654.6 million ($174.3 million) in the three months to September 30, up 10 per cent from 595.1 million ($157.4 million) in the year-earlier period. T

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Saudi's Almarai Q2 net profit up 18.6pc

Saudi Arabia's Almarai, the Gulf's largest dairy company, reported an 18.6 per cent increase in second-quarter net profit on Sunday, beating analysts' forecasts. Almarai made a profit of SR628.8 million ($167.7 million

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Almarai, KKR eye Abu Dhabi food company stake

US private equity firm KKR and Saudi dairy company Almarai are among four rival groups shortlisted to bid for a majority stake in Abu Dhabi-based National Food Products Company, sources said, highlighting the appeal of the Gulf food and dairy se

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Almarai Q1 net profit up, in line with forecasts

Higher sales helped Saudi Arabia's Almarai to post a marginal rise in first-quarter net profit on Sunday, though the Gulf's largest dairy company warned of challenging market conditions in the face of the region's economic slowdown.

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