Vying for control of the Food Manufacturing sector are KSA and Kuwait, each with four companies in the ranking. They are followed closely by the UAE with 3 companies and Oman with 1. Though the Oman Refreshment Company is the only Omani-based business on the ranking, it successfully lands on the top spot with a peerless 149.5% average market cap growth and equally superior 40% return on equity. Almarai is the leading Saudi company with a well-rounded posting across each division of the ranking. The company leads average asset growth with 25.6%, while Halwani Bros, also of the Kingdom, posted average earnings per share growth of 188.5%.
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