Almarai Company Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 11, 2021 at 01:26 am EDT
Almarai Company announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SAR 4,005.568 million compared to SAR 4,081.844 million a year ago. Operating income was SAR 601.646 million compared to SAR 759.225 million a year ago. Net income was SAR 481.979 million compared to SAR 643.932 million a year ago. Basic earnings per share from continuing operations was SAR 0.49 compared to SAR 0.66 a year ago. Diluted earnings per share from continuing operations was SAR 0.48 compared to SAR 0.64 a year ago. For the half year, sales was SAR 7,650.582 million compared to SAR 7,674.284 million a year ago. Operating income was SAR 1,103.998 million compared to SAR 1,271.990 million a year ago. Net income was SAR 867.925 million compared to SAR 1,026.937 million a year ago. Basic earnings per share from continuing operations was SAR 0.88 compared to SAR 1.05 a year ago. Diluted earnings per share from continuing operations was SAR 0.87 compared to SAR 1.03 a year ago.