Almarai : in the Forbes list of the 100 most powerful companies in the Middle East | MarketScreener
Forbes Middle East magazine recently ranked Almarai Company as the 38th most powerful company in the Middle East for the year 2023. The ranking was based on various factors such as market value, sales, assets, and profits. Almarai's net profit for 2022 was 1.760 billion Saudi riyals, while sales were estimated at 18.7 billion Saudi riyals. The company's assets amounted to 32.25 billion Saudi riyals, and its market value was 59 billion Saudi riyals. The Head of Corporate Communications and Public Relations at Almarai, Abdullah Al-Otaibi, expressed his pride in the company for consistently ranking among the strongest companies in the Middle East. He also stated that Almarai aims to expand and diversify its business to provide exceptional quality products to all consumers in its markets. Almarai is the largest vertically integrated dairy company in the world and the largest producer and distributor of food and beverages in the Middle East. Its top-quality products reach over 120 million consumers in the Kingdom, the Arabian Gulf, Egypt, and Jordan.
On June 15th, 2023, Almarai Company SJSC issued this article and is fully accountable for the details included. Dispersed by the public, without any modifications or editing, on June 15th, 2023 at 8:55:05 UTC.
