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Nomu-listed Fesh Fash logs lower profits in H1-21

Nomu-listed Fesh Fash logs lower profits in H1-21
Earnings per share decreased to SAR 1.81 in H1-21
FESH FASH
9515
-0.56% 17.68 -0.10

Riyadh – Mubasher: Fesh Fash Snack Food Production Company registered net profits after Zakat and tax worth SAR 2.04 million in the first half (H1) of 2021, down by 16% from SAR 2.44 million in H1-20.

Earnings per share decreased to SAR 1.81 in H1-21 from SAR 2.17 in H1-20, according to the financial results on Sunday.

Sales shrank by 14.6% to SAR 14.13 million in the first six months of 2021, compared to SAR 16.55 million in the same period a year earlier.

Fesh Fash is listed and trading its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).