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Saudi's Almarai Q3 net profit up 10 pct
October 9, 2016 / 6:06 AM / a year ago

Saudi's Almarai Q3 net profit up 10 pct

DUBAI, Oct 9 (Reuters) - Saudi Arabia’s Almarai, the Gulf’s largest dairy company, reported a 10 percent increase in third-quarter net profit on Sunday.

Almarai made a profit of 654.6 million riyals ($174.6 million) in the three months to Sept. 30, up from 595.1 million riyals in the year-earlier period, according to a bourse statement. (Reporting by Tom Arnold; Editing by Andrew Torchia)

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