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Horizon Foods Company Llc (Saudi Arabia)

Main Activities: Other Food Manufacturing
Full name: Horizon Foods Company Llc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Company activities as stated in its commercial record, are represented in the production of chilled and frozen poultry, rabbits, and birds, the production of chilled and frozen meat, cutting, processing, packaging and packaging of meat and poultry, and the production of sausages. The activities of the company, as stated in the Articles of Association, are to practice and implement the following purposes Agriculture, forestry and fishing, Mining and quarrying Electricity, gas, steam and air conditioning supplies Water supply and sanitation activities and waste management and treatment construction Wholesale and retail trade, repair of motor vehicles and motorcycles Transportation and storage Accommodation and food service activities Information and communication Real estate activities. The company carries out its activities in accordance with the applicable regulations and after obtaining the necessary licenses from the authoritie
The company s goal is Continuous development and improvement in the field of high quality poultry and meat industry, while achieving the highest rates of food safety for the product to reach consumer satisfaction
The company s established on 22, February, 2018
The company s message is Providing food products of high quality, safety and value to the consumer
The company s Vision is that its brand to be the first and leading brand.
The company owns a factory in the manufacture of shawarma molds and is the first factory in the Kingdom of Saudi Arabia specialized in this industry ,The company has the ability to manufacture shawarma boats of the sizes and additions required by the customer
There is no actual competitor or specialized factory at the present time
The market s urgent need for the products of this industry (ready-made shawarma molds), as there are more than 15,000 outlets selling shawarma (size The shawarma market ) and the increasing need for these outlets to save labor costs and reduce expenses, and therefore there is a demand that exceeds Demand over supply
Pioneering: Being the first factory specialized in the manufacture of shawarma molds, so it must always look for a way to develop its work to be in the lead. that industry. Concern for customers: it must exceed our customers expectations in terms of product quality, starting from the raw material until it reaches its final form, Honesty: it must be honest and transparent in communicating information, work in everything that is right, and always investigate honesty, Innovation and development: it must work continuously to keep pace with market changes and strive continuously to improve and develop our production lines Reflected on product development.
The Company is listed on stock market on 26, March, 2023.
The Company mission Providing food products of high quality, safety, and value to the consumer.
The Company changed its legal entity from limited liability company to closed joint stock company on 2, March, 2022.

Headquarters
Third Industrial Area Zone
Dammam; Eastern Province;

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Website: http://www.horizonfood.sa

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2018
Key Executives
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Chairperson
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Vice Chairperson
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Chief Executive Officer
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Chief Financial Officer
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Outside Director
Ownership Details
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40%
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Company Performance
Financial values in the chart are available after Horizon Foods Company Llc 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
-26.24%
Total operating revenue
-25.98%
Operating profit (EBIT)
-44.24%
EBITDA
-26.96%
Net Profit (Loss) for the Period
-44.24%
Total assets
12.12%
Total equity
7.61%
Operating Profit Margin (ROS)
-3.39%
Net Profit Margin
-3.2%
Return on Equity (ROE)
-2.54%
Quick Ratio
-2.39%
Cash Ratio
-0.7%

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