Almarai headquarters

Almarai Co. expects commodity costs to be “equally challenging,” as seen in 2021 in the next 12 months, the company said in a statement issued with the 2021 financial results.

 

This will be partially offset by a rebound and resilience in the consumer market and focus on quality products innovations, process, and cost efficiency.

 

The dairy producer expects positive performance in 2022.

 

Almarai reported a 21% profit decline year-on-year (YoY) to SAR 1.56 billion in 2021, Argaam said.

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