Saudi's Almarai Q2 net profit up 22.41 percent, sales growth rises

July 5, 2015 6:03 AM

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DUBAI, July 5 Saudi Arabia's Almarai, the Gulf's largest dairy company, reported an 22.41 percent increase in second-quarter net profit on Sunday.

Almarai made a profit of 530.4 million riyals ($141.43 million)in the three months to June 30, up from 433.3 million riyals in the year-earlier period, according to a bourse statement.

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