Almarai Company reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SAR 4,920 million compared to SAR 4,839 million a year ago. Net income was SAR 371 million compared to SAR 356 million a year ago. Basic earnings per share from continuing operations was SAR 0.37 compared to SAR 0.36 a year ago.
For the full year, sales was SAR 19,576 million compared to SAR 18,722 million a year ago. Net income was SAR 2,049 million compared to SAR 1,760 million a year ago. Basic earnings per share from continuing operations was SAR 2.08 compared to SAR 1.79 a year ago.