Almarai Co. — Earnings Release 2014

Jan 19, 2015

Almarai Company announces the correction in the previous announcement relating to annual consolidated financial results for the period ending 31 December 2014 (Twelve Months)

2280 · 19/01/2015 08:22:58 · Announcement #36729 · View on Saudi Exchange

Almarai Company announces the correction in the previous announcement relating to annual consolidated financial results for the period ending 31 December 2014 (Twelve Months)

Almarai Company announces the correction in the previous announcement on Tadawul website on the 18th of January 2015, related to annual consolidated financial results for the period ending 31 December 2014 (Twelve Months), as stated only in the Arabic version include:

- In a paragraph Reasons of increase (decrease) for quarter compared with same quarter last year the following statement:

A relatively stable cost of sales for the quarter led to a growth in gross profit of 24.0% and thus overall Net profit increase for all business segments except Poultry, which loss reduced by 43.0% to (SAR 72.2 million).

The correct is the following statement:

A relatively stable cost of sales for the quarter led to a growth in gross profit of 24.0% and thus overall Net profit increase for all business segments except Poultry, which loss reduced by 43.0% to (SAR 72.0 million).

The correction has been on the figure (72.2) to (72.0).

- In a paragraph for other notes A summary of Annual Consolidated Statement of Income, during the fourth quarter and year ended 31 December 2014 Spelling error in Arabic version.

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