ALMARAI
2280
5.25%
58.10
2.90
2280
Riyadh – Mubasher: The stock of Saudi Arabia’s dairy producer Almarai rose on Monday to SAR 94.75, which is its highest level in more two months.
Almarai posted today a 22% rise in net profit for the second quarter of 2015 to SAR 530.4 million, up from SAR 433.3 million in the same period a year earlier.
The company expects its positive performance to continue in the third quarter.
The stock saw also a rise in traded volume, which reached 482,000 shares; also its highest level since 22 June.
Source:
Mubasher