Ramadan on a smaller budget
FMCG · KSA · a national dairy and juice brand, SAR 300M revenue
The category grew about 6% (estimate), so the market alone would have given SAR 70M. The extra SAR 10.5M at a 32% gross margin is SAR 3.4M of gross profit, and SAR 0.3M of budget stayed in the bank (SAR 2.1M against 2.4M).
