Riyadh – Mubasher: Herfy Food Services Company posted a net loss of SAR 116.52 million in 2024, against a net profit of SAR 8.38 million in 2023.
The revenue stood at SAR 1.12 billion as of 31 December 2024, down by 4.17% year-on-year (YoY) from SAR 1.17 billion.
The company posted a loss per share worth SAR 1.80 in 2024, compared to earnings per share (EPS) of SAR 0.13 a year earlier.
Earlier in the first nine months (9M) of 2024, Herfy Food also shifted to a net loss of SAR 56.61 million from a net profit worth SAR 2.76 million in the same three quarters of 2023.
