The initial financial statements of Saudi Almarai showed the net profit of the company in the first quarter of this year a slight increase of 0.76% on an annual basis.
She noted that Egypt and Jordan led the geographical growth in the first place. The Gulf states have seen a public vulnerable in the market because of the new Corona virus restrictions (Kovid-19) and the impact of value tax Added in Saudi Arabia.
On a quarterly basis, the company's profits rose 14.89%, compared with the fourth quarter earnings (IV 2020), which amounted to SR 335.9 million.
