72 Days
Source:
الاقتصادية
Almarai Saudi faces profits pressure from shipping and energy costs
Almarai's profits in Saudi Arabia declined by 13.2% in the second quarter of 2026, reaching 635.7 million Riyals, despite an 11% increase in revenues to 5.87 billion Riyals, due to rising shipping, energy costs, and other cost pressures. Additionally, during the first half of the year, the company recorded a 0.7% decrease in net profits, even as revenues grew by 8.8%. The rising costs have led to profit reductions in some sectors, despite growth in the dairy and juice sectors.
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