Almarai, Jarir Marketing’s net income falls short of expectations in 1Q
Almarai’s reported a net income of SAR 731.2 mn in 1Q 2025
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Almarai’s reported a net income of SAR 731.2 mn in 1Q 2025
Its total net income for 2024 came in at SAR 2.3 bn
The award is for the USD 750 mn international sukuk issued in July 2023
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The dairy giant’s sales revenue from Egypt declined on the back of currency devaluation
This is a step towards offloading its Almarai stake
Almarai’s net income rose 11% y-o-y to SAR 619.7 mn in 2Q 2024
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