Monday 23 July 2018
 
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Sadafco

Sadafco approves $52m in dividend

Saudia Dairy and Foodstuff Company (Sadafco) has approved a total dividend distribution of SR195 million ($52 million) for the 2017-18 financial year, at its extraordinary general meeting (EGM) held in Jeddah, Saudi Arabia. The bo

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Sadafco reports $69.32m net profit

Despite the decline in consumer spending and aggressive price strategies of competition, Saudia Dairy and Foodstuff Company (Sadafco) has reported a net profit of SR260 million ($69.32 million) during the 12-month period ending on March 31, 2018

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Saudia Dairy to build two new warehouses

Saudia Dairy and Foodstuff Company (Sadafco) said it is building two new warehouses in the cities of Jeddah and Tabuk as part of its expansion plans in the kingdom. The projects, which are forecasted to have a positive impact on S

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Saudia Dairy to build two new warehouses

Saudia Dairy and Foodstuff Company (Sadafco) said it is building two new warehouses in the cities of Jeddah and Tabuk as part of its expansion plans in the kingdom. The projects, which are forecasted to have a positive impact on S

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Sadafco reports $20m net profit in Q2

Saudia Dairy and Foodstuff Company (Sadafco), a leading dairy and foodstuff producer, has reported a net profit of SR75 million ($20 million) in the second quarter of 2017, in comparison to SR81 million ($21.6 million) in the previous quarter of

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Sadafco completes summer internship programme

Saudia Dairy and Foodstuff Company (Sadafco) has completed its 2017 Summer Internship Program (SIP), in which high school and university students worked in a dairy and food company and gained vital practical skills. The program, w

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Sadafco to distribute $34.6m in dividends

Saudia Dairy and Foodstuff Company (Sadafco), a leading dairy and foodstuff producer, yesterday (May 28) held an annual general meeting and approved the distribution of dividends amounting to SR130 million ($34.66 million) at SR4.00 ($1.04) per

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Saudia Dairy wins key quality certifications

Saudia Dairy and Foodstuff Company (Sadafco), a leading dairy and foodstuff producer, said it has received two certifications in recognition of its uncompromised quality standards maintained across the manufacturing facilities. Th

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Sadafco reports $12.5m net profit

Saudia Dairy and Foodstuff Company (Sadafco) has reported a SR47 million ($12.5 million) increase in net profit during the six-month period ending on September 30, an increase by 41.8 per cent compared to the same period last year.

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Sadafco celebrates 40th anniversary with 1,600 prizes

Saudia Dairy and Foodstuff Company (Sadafco), a leading dairy and foodstuff producer, is celebrating its 40th anniversary in the kingdom by giving away thousands of prizes in a 40-day competition with 40 winners announced on a daily basis.

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