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Herfy profits rise 229% in Q2 2026
Herfy Food Services Company achieved significant growth in its second-quarter profits for 2026, recording a net profit of 2.96 million SAR, an increase of over 229% compared to the same period last year. Despite a 6.7% decrease in sales to 265.4 million SAR, the company managed to turn losses into profits by controlling costs, reducing financial expenses and allocations, which led to a notable improvement in operational performance, with operating profit rising by 21% to 11.16 million SAR. For the first half of the year, losses narrowed by 94.6% to 0.94 million SAR, while sales decreased by 6.78% to 515.6 million SAR, indicating enhanced financial and operational efficiency for the company.
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