Saudi Almarai profits increased by 24% in the fourth quarter of 2022

Saudi Almarai Company's profits increased by 24.2% in the fourth quarter of 2022 to SAR 355 million compared to SAR 286 million for the same quarter of 2021.

This increase was supported by an increase in revenues by 13.6% to 4.8 billion riyals compared to 4.2 billion riyals for the fourth quarter of 2021.

Net profit for the year 2022 increased by 12.5% to 1.7 billion riyals compared to 1.5 billion riyals for the year 2021.

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