Almarai’s profits rise to 430.7 million riyals during Q4, 2024

Almarai Company revealed a growth in net profit during the fourth quarter to 430.7 million riyals compared to 370.7 million riyals in the same quarter last year by 16.2%, following the announcement today of the consolidated annual financial results for the period ending December 31, 2024 (12 months).

The operating profit amounted to 591.1 million riyals in the fourth quarter compared to 528.8 million riyals in the same quarter of the previous year, an increase of 11.7%.

The company’s net profit during the 12-month period amounted to 2.3 billion riyals compared to 2 billion riyals in the same period last year, an increase of 12.8%.

The earnings per share in the current period reached 2.34 riyals compared to 2.08 riyals in the same period last year.