Almarai: announced Q4 and FY-2019 financial results

Riyadh / SA. (ac) Almarai Company announced its annual consolidated financial results for the year ended in 31st December 2019 (twelve months). The revenue for the twelve months ended in 31st December 2019 amounted to SAR 14,351.3 million, an increase by 5.9 percent as compared to the corresponding period of the last year (SAR 13,557.8 million). the gross profit for the period ended in 31st December 2019 amounted to SAR 5,366.7 million, an increase of 0.7 percent as compared to the corresponding period of the last year (SAR 5,327.1 million). the operating profit for the period ended in 31st December 2019 amounted to SAR 2,473.2 million, a decrease of 1.9 percent as compared to the corresponding period of the last year (SAR 2,521.2 million) – the Company said in its statement as follows (284 KB):