Almarai launches commercial ops in Al Kharj processing unit
23/11/2017
Argaam
Almarai Co. on Thursday said it has started commercial operations in the central processing plant III in Al Kharj.
The plant has a capital investment of SAR 1.2 billion, financed through operating cash flows, in addition to the funds received from the Saudi Industrial Development Fund (SIDF), Almarai said in a bourse statement.
The related financial impact will reflect on earnings of Q4 2017.
The plant comprises seven production lines for dairy products – including milk and yogurt – with the aim to boost the company’s dairy production capacity.
Earlier this year, Almarai had said it expected to launch entire operations at the central processing plant in H2 2017.
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
ALMARAI
46.94
0.06
0.13%
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}