Financial Analysis of Al Marai Company
7 Pages Posted: 4 Jun 2020
Date Written: May 6, 2020
Abstract
Al Marai is a Saudi Arab based company that deals in food with its headquarters in Riyadh. This company was centralized with the sole aim of making its products high quality and of improved standard. The mission of Almarai is to provide quality and nutritious food that benefits the lives of consumers. It is the vision of Al Mari to become the first choice of consumers in the market of food and beverage products. The company gradually improved its finances and increased its market value. As a result, the shareholders increased to a high amount of 50 thousand shareholders for Almarai. Al Mari depends more on its inventories to meet the current obligations. Almarai is always at the risk of financial fluctuation because of its market competitors which can only be solved by increasing market shares of the company. The overall performance of Almarai is satisfactory but improvement is required to deal with the competitors.
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