Almarai

Saudi Arabia's Almarai 2020 net profit boosted by COVID-19 ‘pantry loading’

This was as a result of 7 percent year-on-year revenue growth, mainly due to foods, long-life dairy and poultry
Pratik Khandelwal, senior analyst at Al Rajhi Capital, said the results were “broadly in-line with our expectations”

By DEEMA AL-KHUDAIR · 24 January 2021