Almarai Co. — Earnings Release 2012

Jan 19, 2013

Almarai announces its audited consolidated financial results for the year ended 31 December 2012 (Twelve Months)

2280 · 19/01/2013 09:08:37 · Announcement #28327 · View on Saudi Exchange

Almarai announces its audited consolidated financial results for the year ended 31 December 2012 (Twelve Months)

Almarai Company (Almarai) today announced its audited consolidated financial results for the year ended 31 December 2012.

1) For the fourth quarter ended 31 December 2012 Almarai generated a consolidated net profit amounting to SAR 369.0 million an increase of 29.2%, compared to the same period last year (SAR 285.5 million) and an decrease of 18.0% compared to the third quarter 2012 (SAR 450.0 million).

2) The total gross profit for the fourth quarter ended 31 December, 2012 amounted to SAR 869.9 million an increase of 20.2%, compared to the same period last year (SAR 723.8 million).

3) The operating profit for the fourth quarter ended 31 December, 2012 amounted to SAR 437.3 million compared to the same period last year (SAR 343.4 million) an increase of 27.4%.

4) The consolidated net profit for the twelve months ended 31 December, 2012 amounted SAR 1,440.6 million an increase of 26.4% compared to the same period last year (SAR 1,139.5 million).

5) The earnings per share (EPS) for twelve months ended 31 December, 2012 was SAR 3.60 compared to SAR 2.85 for the prior year. )that the EPS calculation has been restated based on 400 million shares). (Continue)

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