Herfy Food Services Co. (Herfy) incurred a net loss of SAR 17.7 million in H1 2025, compared to SAR 23.2 million a year earlier, on lower financing and Zakat expenses.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 590.16 | 553.11 | (6.3 %) |
Gross Income | 137.64 | 137.83 | 0.1 % |
Operating Income | (1.78) | (4.99) | (180.0 %) |
Net Income | (23.25) | (17.70) | 23.9 % |
Average Shares | 64.68 | 64.68 | - |
Earnings Per Share before unusual items (Riyals) | (0.23) | (0.27) | (16.8 %) |
EPS (Riyal) | (0.36) | (0.27) | 23.9 % |
Herfy, meanwhile, noted a decline in sales and other revenues, along with an increase in general and administration expenses.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 301.12 | 284.56 | (5.5 %) |
Gross Income | 65.53 | 76.43 | 16.6 % |
Operating Income | (8.41) | 5.33 | 163.4 % |
Net Income | (23.70) | 0.90 | 103.8 % |
Average Shares | 64.68 | 64.68 | - |
Earnings Per Share before unusual items (Riyal) | (0.24) | 0.01 | 105.8 % |
EPS (Riyal) | (0.37) | 0.01 | 103.8 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 268.55 | 284.56 | 6.0 % |
Gross Income | 61.40 | 76.43 | 24.5 % |
Operating Income | (10.32) | 5.33 | 151.7 % |
Net Income | (18.60) | 0.90 | 104.8 % |
Average Shares | 64.68 | 64.68 | - |
Earnings Per Share before unusual items (Riyal) | (0.29) | 0.01 | 104.8 % |
EPS (Riyal) | (0.29) | 0.01 | 104.8 % |
Q2 2025 net profit stood at SAR 900,000, versus a net loss of SAR 23.7 million in Q2 2024.
On a sequential basis, Herfy swung to a net profit, against a net loss of SAR 18.6 million in Q1 2025.
Shareholders’ equity, no minority interest, reached SAR 907.29 million by June 30, 2025, compared to SAR 1.01 billion in a year earlier period.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: