Saudi food, agro industry profit grows 14 percent in 2013


(MENAFN) Saudi food and agro industry has recorded a 14 percent growth in profits reaching USD1.173 billion in 2013 compared to USD1.039 billion a year earlier, according to Arab News



The Savola Group ranked first among profit makers of the sector as its profit grew by 22 percent in 2013 reaching USD453 million



The group's growth was a result of the realization of capital profits of USD61.68 million as it sold a land in Madinah to the Knowledge Economic City


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