Riyadh – Mubasher: Herfy Food Services Co reported a growth of 7.39% in profits of the second quarter of 2016 as compared to the same period in 2015.
Earnings increased to SAR 49.68 million ($12.33 million) in Q2-16 versus SAR 46.26 million ($12.33 million) in Q2-15, according to a bourse filing issued on Monday.
The growth in sales by 7.1% or SAR 18.3 million backed the quarterly earnings to rise, the statement clarified.
During the first half of 2016, Herfy’s profits gained 2.46% to reach SAR 103.3 million, compared to SAR 100.8 million in the same half of 2015.
