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FinancialNews


  • 23-10-17

    Almarai reports flat profit in Q3

    (MENAFN) The Gulf's largest dairy company, Saudi Arabia's Almarai, reported a flat third-quarter net profit on Sunday, and will be taking measures of caution during the year to reinstate its market conditions.

    During the three months prior to September 20, Almarai made a profit of 667 million riyals compared to a revised quarterly profit of 664.3 million riyals in the same period of last year, according to a bourse statement.

    Almarai would make 620.75 riyals on average according to a forecast survey from four analysts.

    MENAFN2310201700450000ID1095974616

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