HERFY FOOD SERVICE COMPANY ( HERFY FOOD ) ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED ON 31 MARCH 2022 (THREE MONTHS)

12 May 2022 08:18 AM

HERFY FOODS 6002 6.12% 32.10 1.85

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	328,198,138	311,116,058	5.49	329,152,772	-0.29
Gross Profit (Loss)	82,520,589	82,106,910	0.503	106,160,597	-22.268
Operational Profit (Loss)	35,339,029	34,234,144	3.227	53,365,549	-33.779
Net Profit (Loss) after Zakat and Tax	28,393,625	25,469,825	11.479	48,635,224	-41.619
Total Comprehensive Income	28,393,625	25,469,825	11.479	41,292,109	-31.237
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	1,076,602,525	984,864,661	9.314
Profit (Loss) per Share	0.44	0.39
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason for increase of the net profit for the first Quarter 2022 compared to the same quarter 2021 due to the increase of Sales by 5.5 % and increase of the other Income also the decrease of General and Administration Expenses, and finance cost and Zakat Expenses , despite of the increase of the selling and marketing expenses
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is	The reason for decrease of the net profit for the first Quarter 2022 compared to the previous Quarter 2021 due to the decrease of the other income , and the increase of General and Administration Expenses, and Zakat Expenses , despite of the decrease of the selling and marketing expenses and finance cost.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	-

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