Saudia Dairy & Foodstuff Company Reports Earnings Results for the Third Quarter Ended December 31, 2019

Saudia Dairy and Foodstuff Co SJSC (SADAFCO) is a Saudi Arabia-based company, which is engaged in local production, importation, distribution and marketing of a wide range of food and beverage products. The Company reports two segments, namely Drinks segment and Non-drinks segment. The drinks segment represents milk and juice products, while non-drinks represent ice creams, tomato paste, cheese and snacks. Its products portfolio includes dairy products, ice cream, tomato paste, snacks, drinks and other foodstuff items. The Company sells its products in Saudi Arabia, as well as exports to Gulf Cooperation Council countries and European countries.