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Herfy Food Services Company JSC (Saudi Arabia)

Main Activities: Restaurants and Other Eating Places
Full name: Herfy Food Services Company JSC Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The company was co-founded in 1981, by Ahmed Bin Hamad Al-Said in the Kingdom. In 1994, Kingdom Holding Co. led by its Chairman, H.R.H. Prince Alwaleed Bin Talal Bin Abdulaziz, took control of Panda United stake in the company and became actively involved in planning the young company’s growth. Finally, in 1998, Al Azizia Panda United was incorporated with the Savola Group headed by its Chairman, Eng. Adel Fakeh. Since then, Herfy has been operating in partnership with the Savola Group. In 2008, Herfy Food Services Company, Ltd. has become a closed joint stock company. In Addition to Saudi Arabia, HFS has operations in Bahrain and the United Arab Emirates.

Headquarters
Building No.: 2586, Street: Dirar Ibn Al Khattab - Al Muruj, Unit No: 2, P.O Box 86958
Riyadh; Al-Riyadh; Postal Code: 11632

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Website: http://www.herfy.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1981
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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49%
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15.3%
Subsidiaries
Mama Sauce Factory For Food Industries
Company Performance
Financial values in the chart are available after Herfy Food Services Company JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-5.7%
Total operating revenue
-7.1%
Operating profit (EBIT)
-68.69%
EBITDA
-23.78%
Net Profit (Loss) for the Period
-96.03%
Total assets
-0.9%
Total equity
-8.12%
Operating Profit Margin (ROS)
-6.45%
Net Profit Margin
-7.16%
Return on Equity (ROE)
-5.95%
Debt to Equity Ratio
0.36%
Quick Ratio
-0.05%
Cash Ratio
0.01%

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