- RIYADH: Almarai generated a consolidated net profit amounting to SR349.3 million for the second quarter ended 30 June 2011, an increase of 1.8 percent compared to the same period last year, according to information posted on Tadawul website on Saturday.
The total gross profit for the second quarter ended 30 June 2011 amounted to SR767.2 million, an increase of 9.4 percent compared to the same period last year (SR701.1 million).
The operating profit for the second quarter ended 30 June 2011 amounted to SR405.8 million, an increase of 4.7 percent compared to the same period last year (SR387.7 million).
The consolidated net profit for the first six months which ended on June 30, 2011 amounted to SR584.5 million, an increase of 1.3 percent compared to the same period last year (SR577.2 million).
Almarai is satisfied with the overall performance in the second quarter with continued sales growth and increased market share across all key product categories.
Almarai is committed to ensuring the highest level of quality in all its products and to providing the highest level of service to all consumers.

