Almarai will invest almost $5bn in the next five years as it looks to expand into new sectors
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Almarai
Saudi food giant Almarai records 8% jump in profits as revenues rise
Almarai’s bakery category led the growth during the period, recording a 124.6 percent increase due to higher sales
Almarai
Saudi Almarai shares plunge after 12% profit drop in Q2
CEO Alois Hofbauer resigned from the food giant after three months in the role
Almarai
Increased competition, costs sees Almarai report dip in Q3 profit
The Gulf’s largest dairy company said the most significant decline was in the dairy and juice category, which saw profits plummet 14.5% over the course of the quarter
