Almarai Comes Out Strong In 2009

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Saudi Arabia's Almarai, one of the Gulf region's largest dairy companies by market capitalisation, has reported year-end earnings of SAR1.1bn (US$290mn) for the 12 months to December 31 2009. Despite under par fourth quarter earnings of SAR248.8mn, below the bottom of the range SAR264.9mn forecast by analysts polled by Reuters, Almarai was a distinguished performer in 2009.