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Herfy Food reports 24% lower net losses in H1-25

Herfy Food reports 24% lower net losses in H1-25
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HERFY FOODS
6002
-4.52% 23.05 -1.09

Riyadh - Mubasher: Herfy Food Services Company suffered net losses of SAR 17.69 million in the first half (H1) of 2025, marking a 23.88% year-on-year (YoY) fall from SAR 23.24 million.

The sales declined by 6.27% YoY to SAR 553.10 million in the first six months (6M) of 2025 from SAR 590.16 million, the financial results showed.

Loss per share stood at SAR 0.27 as of 30 June 2025, versus SAR 0.36 a year earlier.

Financials for Q2

During the second quarter (Q2) of 2025, the company shifted to net profits worth SAR 899,934, compared to net losses of SAR 23.69 million in Q2-24.

Revenues dropped by 5.50% to SAR 284.55 million in April-June 2025 from SAR 301.12 million in Q2-24.

On a quarterly basis, Herfy Food turned profitable in Q2-25 against net losses valued at SAR 18.59 million in Q1-25, while the revenues grew by 5.96% from SAR 268.55 million.