IEG Vu is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Saudi dairy profits rise

This article was originally published in Foodnews

SAUDI Arabian dairy Almarai Co has announced a net profit of SAR162.2 million (US$43 million) for the third quarter ending 31 March. This translates to a rise of 32%, the slowest rate of growth for the company in at least a year, according to Reuters' analysts. According to a company statement, this is attributed to investments made by the company to increase its capacities and competitiveness. Last year, Almarai announced that it would invest SAR4.7 billion in the five years ending 2011 to boost its foodstuff business in the Gulf. Third quarter turnover rose 39% to SAR1.12 billion.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts