Herfy Food Services Co (HERFY FOODS) News - Mubasher Info
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Herfy Food Services Co (6002)

Last update: 23 April 03:19 PM market time.
32.05
1.80
5.95%
Open 32.75
Previous Close 30.25
High 32.85
Low 32.00
Stock Statistics
Volume 216,664
Turnover 7,004,041.05
All data are 15 minutes late during market session

News

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21 April 02:57 PM Herfy’s CEO Bader resigns
Riyadh – Mubasher: Herfy Food Services Company accepted the resignation of Sam Mohamed Bader from his position as its CEO due to personal reasons. Bader submitted his resignation on 19 April and became effective on 21 April 2024, according to a …
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6 February 11:28 AM Herfy records 136.5% leap in 2023 net profits
Riyadh – Mubasher: Herfy Food Services Company registered SAR 8.38 million in net profit during 2023, higher by 136.49% than SAR 3.54 million in 2022. The revenues amounted to SAR 1.17 billion last year, lower by 5.63% than SAR 1.24 billion as of …
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2 November 2023 05:37 PM Herfy witnesses plunge in 9M-23 net profits
Riyadh – Mubasher: Herfy Food Services Company registered net profits after Zakat and tax amounting to SAR 2.76 million in the first nine months (9M) of 2023, an annual drop of 95.61% from SAR 62.83 million. Revenues went down by 7.23% …
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19 March 2023 04:34 PM Herfy Food Services’ profits shrink in 2022; dividends recommended
Riyadh – Mubasher: The net profits after Zakat and tax of Herfy Food Services Company plummeted by 97.66% year-on-year (YoY) to SAR 3.54 million in 2022 from SAR 151.79 million. Revenues amounted to SAR 1.24 billion in January-December 2022, down …
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26 October 2022 05:05 PM Herfy Food Services’ profits down to SAR 69.5m in 9M-22
Riyadh – Mubasher: Herfy Food Services Company posted an annual plunge of 38.02% in net profit after Zakat and tax to SAR 69.53 million during the first nine months (9M) of 2022 from SAR 112.20 million. The company’s revenues amounted to SAR …
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3 August 2022 04:36 PM Herfy Food Services’ H1-22 profit falls 7%
Riyadh – Mubasher: Herfy Food Services Company has posted a 6.81% year-on-year (YoY) drop in its net profit after Zakat and tax to SAR 48.59 million during the first half (H1) of 2022, compared to SAR 52.14 million. Revenues declined by 2% YoY to …
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12 May 2022 02:20 PM Herfy Food Services’ profits jump 11.5% in Q1-22 initial financials
Riyadh – Mubasher: Herfy Food Services Company has logged net profits after Zakat and tax worth SAR 28.39 million in the first quarter (Q1) of 2022, an annual surge of 11.47% from SAR 25.46 million. In the first three months (3M) of 2022, the …
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21 March 2022 02:03 PM Herfy Food Services’ profits exceed SAR 160m in 2021
Riyadh – Mubasher: Herfy Food Services Company has posted net profits after Zakat and tax worth SAR 160.83 million last year, a 204.39% jump from SAR 52.83 million in 2020. The revenues reached SAR 1.31 billion in 2021, higher by 22.09% …
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24 November 2021 06:50 PM Herfy concludes deal with EatRite to open branches in Nigeria
Riyadh – Mubasher: Herfy food Services Company signed a contract with EatRite Food Services Company for the commercial franchise rights to open 50 Herfy restaurants in Nigeria. The agreement holds a duration of 10 years from the date of signing …
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26 October 2021 11:19 AM Herfy’s initial financials show SAR 60m profits in Q3
Riyadh – Mubasher: Herfy Food Services Company recorded a 45% year-on-year (YoY) increase in profits to SAR 60.06 million during the third quarter (Q3) of 2021 from SAR 41.37 million. Revenues increased by 13% YoY to SAR 352.21 million in Q3-21 …
Herfy achieved 88.9% surge in Q2-21 sales
17 August 2021 00:33 PM Herfy records SAR 632.5m revenues in H1-21 audited financials
Riyadh – Mubasher: Herfy Food Services Company registered sales worth SAR 632.48 million in the first half (H1) of 2021, higher by 35.4% than SAR 467.02 million in H1-20, according to the audited income statements on Tuesday. Meanwhile in the …
Sales surged 35% to SAR 631.09 million in H1-21
13 July 2021 11:31 AM Herfy turns profitable at SAR 52m in H1-21 estimated financials
Riyadh – Mubasher: Herfy Food Services Company registered net profits after Zakat and tax worth SAR 52.14 million during the first half (H1) of 2021, against losses of SAR 9.1 million in H1-20. Earnings per share stood at SAR 0.81 in the …
The new CEO previously worked at McDonald’s
22 June 2021 01:26 PM Herfy appoints new CEO
Riyadh – Mubasher: Herfy Food Services Company has appointed Sam Mohamed Bader as the new CEO of the firm, according to a bourse filing on Tuesday. Bader will assume the position as of 22 June, replacing Khaled Ahmad Al Said who resigned on 21 …
Herfy intends to carry out further study of the agreement
30 May 2021 10:30 AM Herfy extends agreement with EatRite
Riyadh – Mubasher: Herfy Food Services Company has extended its non-binding memorandum of understanding (MoU) with EatRite Food Services Company for an additional three months, according to a disclosure to Tadawul on Sunday. Herfy intends to carry …
Herfy Food appointed Khalid Al Said as the new CEO
2 May 2021 10:25 AM Herfy Food appoints Chairman, Vice Chairman, CEO
Riyadh – Mubasher: Herfy Food Services Company has announced the appointment of Mutaz Qusai Alazawi as the Chairman of the board, according to a bourse filing on Sunday. The company’s shareholders have also agreed to appoint Waleed Khaled Fatani …
A total of 50 branches of Herfy restaurants will be opened in Nigeria over a period of 10 years.
1 March 2021 10:57 AM Herfy Food expands to Nigeria
Riyadh – Mubasher: Herfy Food Services Company penned a non-binding memorandum of understanding (MoU) with the EatRite Food Services Company to grant it franchise rights to open branches of Herfy restaurants in Nigeria. A total of 50 branches of …
The financial impact of the new branch will reflect on Herfy Food’s results for Q1-21.
28 February 2021 11:04 AM Herfy Food opens fifth restaurant in Bangladesh
Riyadh – Mubasher: Herfy Food Services Company announced opening on 25 February 2021 its fifth restaurant in Bangladesh. The opening comes as a result of the phenomenal success of the previously opened four branches in the Asian state’s Dhaka, the …
Revenues for Q3-20 reached SAR 311.117 million.
26 October 2020 04:43 PM Herfy Food’s net profits down 28% in Q3
Riyadh – Mubasher: Herfy Food Services Company’s net profits for the three-month period ended 30 September 2020 fell by 28.1% annually to SAR 41.38 million, compared with SAR 57.5 million in the prior-year period. This slump resulted from lower …
Revenue for Q2-20 slid to SAR 170.1 million
10 August 2020 04:37 PM Herfy Food turns to losses in Q2
Riyadh – Mubasher: Herfy Food Services Company reported net losses of SAR 34.24 million in the second quarter (Q2) of 2020, against profits of SAR 40.86 million in the same period in 2019. The turn to losses was due to sales declining by 45%, as a …
Dividends will be distributed at SAR 1.1 per share
22 April 2020 01:10 PM Herfy Food to distribute SAR 1.1/shr for H2-19
Riyadh – Mubasher: The ordinary general meeting (OGM) of Herfy Food Services Company has approved the board of directors’ recommendation to distribute SAR 71.148 million as cash dividends to shareholders for the second half (H2) of 2019. The …
The proposed dividends are valued at SAR 1.1/share
12 March 2020 10:45 AM Herfy Food proposes SAR 71m dividends for H2-19
Riyadh – Mubasher: The board members of Herfy Food Services Co recommended a cash dividend of SAR 1.1 per share for the second half of fiscal year 2019. The proposed dividends are valued at SAR 71.15 million that will be distributed on 64.68 …
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20 February 2020 11:36 AM Herfy profits down 4% in 2019
Riyadh – Mubasher: Herfy Food Services Company reported a 3.96% decline in net profits for 2019, as shown by its annual financial results. Net profit after zakat and tax recorded SAR 196.1 million last year, compared with SAR 204.2 million in …
Loss per share amounted to SAR 3.03 in 2019
26 January 2020 04:33 PM Herfy Food sees lower annual profits at SAR 196m in 2019
Riyadh – Mubasher: Herfy Food Services Company on Sunday reported a net profit, after zakat and tax, worth SAR 196.08 million during the fiscal year ended 31 December 2019, down by 3.96% year-on-year (YoY) from SAR 204.16 million, the company’s …
Net profits inched down by 0.97% to SAR 57.54 million in Q3-19
27 October 2019 04:22 PM Herfy Food records SAR 58m profits in Q3
Riyadh – Mubasher: Herfy Food Services Company disclosed its interim financial results for the third quarter of 2019. Net profits after zakat and tax inched down by 0.97% to SAR 57.54 million in Q3-19, from SAR 58.1 million in Q3-18, according to …
Herfy Food’s profits shrank to SAR 40.86 million in Q2-19
12 September 2019 10:04 AM Herfy Food to distribute SAR 1/shr dividend for H1-19
Riyadh – Mubasher: The board of directors of Herfy Food Services Company approved to distribute SAR 1 cash dividends per share to shareholders for the first half of 2019. The distributions will be paid starting Thursday, 24 October 2019, Herfy …