Herfy profit slumps 78% to SAR 32.3 mln in 9M 2020 on lower sales

26/10/2020 Argaam Exclusive

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Herfy Food Services Co. reported a net profit after Zakat and tax of SAR 32.2 million for the first nine months of 2020, a plunge of 78% year-on-year (YoY), hurt by a 19% sales drop YoY amid the precautionary measures adopted by the Kingdom.

In addition, Herfy recorded higher general and administration expenses and allocated provisions for slow moving inventory and doubtful debts of SAR 16.4 million and SAR 12.4 million, respectively for the same period.

Financials (M)

Item	9m 2019	9m 2020	Change‬
Revenues	961.79	778.14	(19.1 %)
Gross Income	292.58	187.80	(35.8 %)
Operating Income	165.16	56.31	(65.9 %)
Net Income	146.45	32.27	(78.0 %)
Average Shares	64.68	64.68	-
EPS (Riyals)	2.26	0.50	(78.0 %)

The third-quarter net profit after Zakat and tax also fell by 28% YoY to SAR 41.4 million, due to an 8% YoY decline in sales on the lockdown measures in the Kingdom.

Herfy also cited increased provisions for slow moving inventory and doubtful debts to SAR 8.4 million and SAR 6.5 million, respectively.

When compared to the previous quarter, the company turned profit from a net loss of SAR 34.2 million, thanks to an 83% surge in sales. In addition, the previous quarter sales were negatively impacted by the precautionary measured taken by government to contain COVID-19 pandemic.

Shareholders’ equity, excluding minority interest, stood at SAR 956.51 million by the end of September 2020, rising 1% from SAR 948.68 million a year earlier.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2019	Q3 2020	Change‬
Revenues	339.08	311.12	(8.2 %)
Gross Income	110.95	92.45	(16.7 %)
Operating Income	67.61	41.77	(38.2 %)
Net Income	57.54	41.38	(28.1 %)
Average Shares	64.68	64.68	-
EPS (Riyals)	0.89	0.64	(28.1 %)

Item	Q2 2020	Q3 2020	Change‬
Revenues	170.10	311.12	82.9 %
Gross Income	15.70	92.45	488.7 %
Operating Income	(20.65)	41.77	302.3 %
Net Income	(34.24)	41.38	220.9 %
Average Shares	64.68	64.68	-
EPS (Riyals)	(0.53)	0.64	220.9 %

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2011	159.30	17.0 %	50.63	14.0 %	32.90	15.0 %
Q2 2011	188.42	28.4 %	61.27	23.0 %	39.66	23.9 %
Q3 2011	172.52	18.3 %	52.06	8.9 %	34.52	11.9 %
Q4 2011	188.33	24.6 %	62.29	22.4 %	41.20	27.7 %
2011	708.57	22.2 %	226.24	17.3 %	148.27	19.8 %
Q1 2012	198.94	24.9 %	61.70	21.9 %	40.84	24.1 %
Q2 2012	218.32	15.9 %	70.50	15.1 %	48.28	21.7 %
Q3 2012	203.04	17.7 %	61.28	17.7 %	41.99	21.7 %
Q4 2012	221.71	17.7 %	72.88	17.0 %	49.54	20.2 %
2012	842.02	18.8 %	266.36	17.7 %	180.64	21.8 %
Q1 2013	208.77	4.9 %	67.06	8.7 %	46.65	14.2 %
Q2 2013	222.81	2.1 %	72.45	2.8 %	50.57	4.7 %
Q3 2013	198.54	(2.2 %)	60.26	(1.7 %)	38.62	(8.0 %)
Q4 2013	218.59	(1.4 %)	73.37	0.7 %	50.85	2.6 %
2013	848.70	0.8 %	273.15	2.5 %	187.80	4.0 %
Q1 2014	215.93	3.4 %	71.32	6.3 %	49.18	5.4 %
Q2 2014	226.72	1.8 %	76.35	5.4 %	53.30	5.4 %
Q3 2014	224.71	13.2 %	71.72	19.0 %	44.18	14.4 %
Q4 2014	242.78	11.1 %	72.01	(1.9 %)	46.97	(7.6 %)
2014	910.14	7.2 %	291.40	6.7 %	193.62	3.1 %
Q1 2015	265.20	22.8 %	86.87	21.8 %	55.70	13.3 %
Q2 2015	259.36	14.4 %	75.02	(1.7 %)	49.34	(7.4 %)
Q3 2015	279.47	24.4 %	85.35	19.0 %	57.05	29.1 %
Q4 2015	272.97	12.4 %	73.55	2.1 %	46.00	(2.1 %)
2015	1,077.01	18.3 %	320.80	10.1 %	208.08	7.5 %
Q1 2016	283.55	6.9 %	85.25	(1.9 %)	53.12	(4.6 %)
Q2 2016	277.73	7.1 %	76.77	2.3 %	47.92	(2.9 %)
Q3 2016	315.17	12.8 %	95.22	11.6 %	62.64	9.8 %
Q4 2016	280.23	2.7 %	90.37	22.9 %	54.80	19.1 %
2016	1,156.68	7.4 %	347.60	8.4 %	218.47	5.0 %
Q1 2017	275.01	(3.0 %)	86.86	1.9 %	53.36	0.5 %
Q2 2017	272.10	(2.0 %)	75.42	(1.8 %)	43.65	(8.9 %)
Q3 2017	311.72	(1.1 %)	90.06	(5.4 %)	56.93	(9.1 %)
Q4 2017	298.96	6.7 %	89.40	(1.1 %)	50.05	(8.7 %)
2017	1,157.79	0.1 %	341.75	(1.7 %)	203.98	(6.6 %)
Q1 2018	286.30	4.1 %	78.98	(9.1 %)	49.01	(8.2 %)
Q2 2018	286.61	5.3 %	78.73	4.4 %	46.78	7.2 %
Q3 2018	329.16	5.6 %	96.69	7.4 %	59.61	4.7 %
Q4 2018	325.20	8.8 %	90.67	1.4 %	53.49	6.9 %
2018	1,227.27	6.0 %	345.07	1.0 %	208.89	2.4 %
Q1 2019	313.40	9.5 %	93.54	18.4 %	51.40	4.9 %
Q2 2019	309.31	7.9 %	88.10	11.9 %	46.17	(1.3 %)
Q3 2019	339.08	3.0 %	110.95	14.7 %	67.61	13.4 %
Q4 2019	326.52	0.4 %	100.06	10.4 %	56.43	5.5 %
2019	1,288.31	5.0 %	392.64	13.8 %	221.59	6.1 %
Q1 2020	296.93	(5.3 %)	79.13	(15.4 %)	34.67	(32.5 %)
Q2 2020	170.10	(45.0 %)	15.70	(82.2 %)	(20.65)	(144.7 %)
Q3 2020	311.12	(8.2 %)	92.45	(16.7 %)	41.77	(38.2 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2010	579.93	12.0 %	192.90	13.9 %	123.75	9.1 %
2011	708.57	22.2 %	226.24	17.3 %	148.27	19.8 %
2012	842.02	18.8 %	266.36	17.7 %	180.64	21.8 %
2013	848.70	0.8 %	273.15	2.5 %	187.80	4.0 %
2014	910.14	7.2 %	291.40	6.7 %	193.62	3.1 %
2015	1,077.01	18.3 %	320.80	10.1 %	208.08	7.5 %
2016	1,156.68	7.4 %	347.60	8.4 %	218.47	5.0 %
2017	1,157.79	0.1 %	341.75	(1.7 %)	203.98	(6.6 %)
2018	1,227.27	6.0 %	345.07	1.0 %	208.89	2.4 %
2019	1,288.31	5.0 %	392.64	13.8 %	221.59	6.1 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2011	32.55	15.6 %	0.50	-	32.55	0.50
Q2 2011	39.36	20.7 %	0.61	-	39.36	0.61
Q3 2011	34.46	13.2 %	0.53	-	34.46	0.53
Q4 2011	40.28	21.7 %	0.62	-	40.28	0.62
2011	146.65	18.0 %	2.27	-	146.65	2.27
Q1 2012	40.60	24.8 %	0.63	-	40.60	0.63
Q2 2012	49.31	25.3 %	0.76	-	49.31	0.76
Q3 2012	42.38	23.0 %	0.66	-	42.38	0.66
Q4 2012	48.87	21.3 %	0.76	-	48.87	0.76
2012	181.16	23.5 %	2.80	-	181.16	2.80
Q1 2013	46.46	14.4 %	0.72	-	46.46	0.72
Q2 2013	51.22	3.9 %	0.79	-	51.22	0.79
Q3 2013	42.40	0.0 %	0.66	-	42.40	0.66
Q4 2013	57.57	17.8 %	0.89	6.22	51.34	0.79
2013	191.43	5.7 %	2.96	6.22	185.20	2.86
Q1 2014	48.01	3.3 %	0.74	-	48.01	0.74
Q2 2014	52.40	2.3 %	0.81	-	52.40	0.81
Q3 2014	56.72	33.8 %	0.88	13.00	43.72	0.68
Q4 2014	48.68	(15.4 %)	0.75	1.21	47.47	0.73
2014	205.81	7.5 %	3.18	14.21	191.59	2.96
Q1 2015	54.54	13.6 %	0.84	-	54.54	0.84
Q2 2015	46.27	(11.7 %)	0.72	-	46.27	0.72
Q3 2015	56.65	(0.1 %)	0.88	-	56.65	0.88
Q4 2015	45.22	(7.1 %)	0.70	-	45.22	0.70
2015	202.68	(1.5 %)	3.13	-	202.68	3.13
Q1 2016	53.35	(2.2 %)	0.82	-	53.35	0.82
Q2 2016	49.48	7.0 %	0.77	-	49.48	0.77
Q3 2016	59.29	4.7 %	0.92	-	59.29	0.92
Q4 2016	54.95	21.5 %	0.85	-	54.95	0.85
2016	217.08	7.1 %	3.36	-	217.08	3.36
Q1 2017	52.72	(1.2 %)	0.82	-	52.72	0.82
Q2 2017	43.40	(12.3 %)	0.67	-	43.40	0.67
Q3 2017	56.04	(5.5 %)	0.87	-	56.04	0.87
Q4 2017	47.89	(12.9 %)	0.74	-	47.89	0.74
2017	200.04	(7.8 %)	3.09	-	200.04	3.09
Q1 2018	47.75	(9.4 %)	0.74	-	47.75	0.74
Q2 2018	45.89	5.7 %	0.71	-	45.89	0.71
Q3 2018	58.11	3.7 %	0.90	-	58.11	0.90
Q4 2018	52.43	9.5 %	0.81	-	52.43	0.81
2018	204.17	2.1 %	3.16	-	204.17	3.16
Q1 2019	48.06	0.7 %	0.74	-	48.06	0.74
Q2 2019	40.86	(11.0 %)	0.63	2.23	38.63	0.60
Q3 2019	57.54	(1.0 %)	0.89	-	57.54	0.89
Q4 2019	49.64	(5.3 %)	0.77	5.72	43.92	0.68
2019	196.09	(4.0 %)	3.03	7.95	188.14	2.91
Q1 2020	25.13	(47.7 %)	0.39	(3.00)	28.13	0.43
Q2 2020	(34.24)	(183.8 %)	(0.53)	(3.99)	(30.24)	(0.47)
Q3 2020	41.38	(28.1 %)	0.64	3.01	38.37	0.59

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2010	124.27	8.4 %	1.92	-	124.27	1.92
2011	146.65	18.0 %	2.27	-	146.65	2.27
2012	181.16	23.5 %	2.80	-	181.16	2.80
2013	191.43	5.7 %	2.96	6.22	185.20	2.86
2014	205.81	7.5 %	3.18	14.21	191.59	2.96
2015	202.68	(1.5 %)	3.13	-	202.68	3.13
2016	217.08	7.1 %	3.36	-	217.08	3.36
2017	200.04	(7.8 %)	3.09	-	200.04	3.09
2018	204.17	2.1 %	3.16	-	204.17	3.16
2019	196.09	(4.0 %)	3.03	7.95	188.14	2.91

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2011	33.02 %	27.11 %	21.34 %
Q2 2011	32.66 %	26.79 %	21.01 %
Q3 2011	32.00 %	26.51 %	20.77 %
Q4 2011	31.93 %	26.56 %	20.70 %
2011	31.93 %	26.56 %	20.70 %
Q1 2012	31.72 %	26.37 %	20.68 %
Q2 2012	31.69 %	26.60 %	21.16 %
Q3 2012	31.63 %	26.74 %	21.34 %
Q4 2012	31.63 %	26.91 %	21.52 %
2012	31.63 %	26.92 %	21.52 %
Q1 2013	31.90 %	27.49 %	21.95 %
Q2 2013	31.96 %	27.80 %	22.06 %
Q3 2013	32.01 %	27.66 %	22.18 %
Q4 2013	32.18 %	27.95 %	22.56 %
2013	32.18 %	28.08 %	21.82 %
Q1 2014	32.41 %	28.02 %	22.55 %
Q2 2014	32.72 %	28.34 %	22.58 %
Q3 2014	33.05 %	28.31 %	22.06 %
Q4 2014	32.02 %	27.42 %	21.05 %
2014	32.02 %	27.42 %	21.05 %
Q1 2015	31.99 %	27.21 %	20.65 %
Q2 2015	30.81 %	26.54 %	19.35 %
Q3 2015	30.50 %	26.96 %	19.58 %
Q4 2015	29.79 %	26.88 %	18.82 %
2015	29.79 %	26.88 %	18.82 %
Q1 2016	29.14 %	26.58 %	18.39 %
Q2 2016	28.82 %	26.53 %	18.38 %
Q3 2016	28.78 %	25.92 %	18.04 %
Q4 2016	30.05 %	25.79 %	18.77 %
2016	30.05 %	25.79 %	18.77 %
Q1 2017	30.42 %	25.60 %	18.85 %
Q2 2017	30.45 %	24.69 %	18.41 %
Q3 2017	30.09 %	24.32 %	18.18 %
Q4 2017	29.52 %	23.63 %	17.28 %
2017	29.52 %	23.63 %	17.28 %
Q1 2018	28.56 %	23.12 %	16.69 %
Q2 2018	28.49 %	23.18 %	16.69 %
Q3 2018	28.63 %	23.20 %	16.62 %
Q4 2018	28.12 %	23.44 %	16.64 %
2018	28.12 %	23.44 %	16.64 %
Q1 2019	28.67 %	23.34 %	16.30 %
Q2 2019	28.89 %	25.98 %	15.44 %
Q3 2019	29.78 %	28.24 %	15.28 %
Q4 2019	30.48 %	29.97 %	14.60 %
2019	30.48 %	29.97 %	14.60 %
Q1 2020	29.74 %	30.77 %	13.23 %
Q2 2020	27.00 %	27.43 %	8.77 %
Q3 2020	26.01 %	25.71 %	7.26 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2010	33.26 %	27.12 %	21.43 %
2011	31.93 %	26.56 %	20.70 %
2012	31.63 %	26.92 %	21.52 %
2013	32.18 %	28.08 %	21.82 %
2014	32.02 %	27.42 %	21.05 %
2015	29.79 %	26.88 %	18.82 %
2016	30.05 %	25.79 %	18.77 %
2017	29.52 %	23.63 %	17.28 %
2018	28.12 %	23.44 %	16.64 %
2019	30.48 %	29.97 %	14.60 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2011	31.78 %	26.62 %	20.43 %
Q2 2011	32.52 %	26.26 %	20.89 %
Q3 2011	30.18 %	25.92 %	19.98 %
Q4 2011	33.07 %	27.39 %	21.39 %
Q1 2012	31.01 %	25.92 %	20.41 %
Q2 2012	32.29 %	27.07 %	22.58 %
Q3 2012	30.18 %	26.58 %	20.87 %
Q4 2012	32.87 %	27.96 %	22.04 %
Q1 2013	32.12 %	28.32 %	22.26 %
Q2 2013	32.52 %	28.27 %	22.99 %
Q3 2013	30.35 %	25.95 %	21.35 %
Q4 2013	33.57 %	29.08 %	23.49 %
Q1 2014	33.03 %	28.61 %	22.23 %
Q2 2014	33.68 %	29.48 %	23.11 %
Q3 2014	31.92 %	26.08 %	19.45 %
Q4 2014	29.66 %	25.67 %	19.55 %
Q1 2015	32.76 %	27.63 %	20.57 %
Q2 2015	28.92 %	26.63 %	17.84 %
Q3 2015	30.54 %	27.75 %	20.27 %
Q4 2015	26.95 %	25.50 %	16.57 %
Q1 2016	30.07 %	26.42 %	18.82 %
Q2 2016	27.64 %	26.43 %	17.82 %
Q3 2016	30.21 %	25.37 %	18.81 %
Q4 2016	32.25 %	24.98 %	19.61 %
Q1 2017	31.58 %	25.67 %	19.17 %
Q2 2017	27.72 %	22.62 %	15.95 %
Q3 2017	28.89 %	24.03 %	17.98 %
Q4 2017	29.90 %	22.24 %	16.02 %
Q1 2018	27.59 %	23.51 %	16.68 %
Q2 2018	27.47 %	22.90 %	16.01 %
Q3 2018	29.38 %	24.08 %	17.65 %
Q4 2018	27.88 %	23.19 %	16.12 %
Q1 2019	29.85 %	23.11 %	15.34 %
Q2 2019	28.48 %	33.87 %	12.49 %
Q3 2019	32.72 %	32.67 %	16.97 %
Q4 2019	30.64 %	30.05 %	13.45 %
Q1 2020	26.65 %	26.17 %	9.47 %
Q2 2020	9.23 %	14.14 %	(17.78 %)
Q3 2020	29.71 %	27.03 %	12.33 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2011	64.68	1.99	1.99	6.38
Q2 2011	64.68	2.09	2.09	6.34
Q3 2011	64.68	2.16	2.16	6.17
Q4 2011	64.68	2.27	2.27	6.80
Q1 2012	64.68	2.39	2.39	7.42
Q2 2012	64.68	2.55	2.55	7.46
Q3 2012	64.68	2.67	2.67	7.31
Q4 2012	64.68	2.80	2.80	8.06
Q1 2013	64.68	2.89	2.89	8.78
Q2 2013	64.68	2.92	2.92	8.73
Q3 2013	64.68	2.92	2.92	8.50
Q4 2013	64.68	3.06	2.96	9.29
Q1 2014	64.68	3.08	2.98	10.03
Q2 2014	64.68	3.10	3.00	9.92
Q3 2014	64.68	3.32	3.02	9.73
Q4 2014	64.68	3.18	2.96	10.48
Q1 2015	64.68	3.28	3.06	11.32
Q2 2015	64.68	3.19	2.97	10.87
Q3 2015	64.68	3.19	3.17	10.67
Q4 2015	64.68	3.13	3.13	11.37
Q1 2016	64.68	3.12	3.12	12.04
Q2 2016	64.68	3.16	3.16	11.71
Q3 2016	64.68	3.21	3.21	11.55
Q4 2016	64.68	3.36	3.36	12.41
Q1 2017	64.68	3.35	3.35	13.23
Q2 2017	64.68	3.25	3.25	12.80
Q3 2017	64.68	3.20	3.20	12.66
Q4 2017	64.68	3.09	3.09	13.40
Q1 2018	64.68	3.02	3.02	14.14
Q2 2018	64.68	3.05	3.05	13.72
Q3 2018	64.68	3.09	3.09	13.62
Q4 2018	64.68	3.16	3.16	14.42
Q1 2019	64.68	3.16	3.16	15.27
Q2 2019	64.68	3.08	3.05	14.78
Q3 2019	64.68	3.08	3.04	14.67
Q4 2019	64.68	3.03	2.91	15.43
Q1 2020	64.68	2.68	2.60	15.82
Q2 2020	64.68	1.52	1.54	14.15
Q3 2020	64.68	1.27	1.24	14.79

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2010	64.68	1.92	1.92	5.88
2011	64.68	2.27	2.27	6.80
2012	64.68	2.80	2.80	8.06
2013	64.68	2.96	2.86	9.29
2014	64.68	3.18	2.96	10.48
2015	64.68	3.13	3.13	11.37
2016	64.68	3.36	3.36	12.41
2017	64.68	3.09	3.09	13.40
2018	64.68	3.16	3.16	14.42
2019	64.68	3.03	2.91	15.43

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2011	16.78	16.78	5.23
Q2 2011	17.34	17.34	5.73
Q3 2011	16.13	16.13	5.63
Q4 2011	17.48	17.48	5.83
Q1 2012	17.64	17.64	5.68
Q2 2012	16.12	16.12	5.50
Q3 2012	17.55	17.55	6.41
Q4 2012	17.38	17.38	6.04
Q1 2013	18.40	18.40	6.06
Q2 2013	20.78	20.78	6.95
Q3 2013	20.95	20.95	7.20
Q4 2013	18.53	19.13	6.09
Q1 2014	22.85	23.59	7.02
Q2 2014	23.25	24.00	7.26
Q3 2014	22.07	24.25	7.53
Q4 2014	21.83	23.45	6.63
Q1 2015	24.15	25.88	7.00
Q2 2015	26.22	28.16	7.69
Q3 2015	21.07	21.20	6.29
Q4 2015	22.93	22.93	6.32
Q1 2016	14.85	14.85	3.84
Q2 2016	17.52	17.52	4.74
Q3 2016	14.23	14.23	3.95
Q4 2016	16.69	16.69	4.51
Q1 2017	17.66	17.66	4.47
Q2 2017	17.34	17.34	4.41
Q3 2017	15.61	15.61	3.95
Q4 2017	14.92	14.92	3.44
Q1 2018	15.75	15.75	3.36
Q2 2018	15.34	15.34	3.41
Q3 2018	13.51	13.51	3.06
Q4 2018	14.45	14.45	3.16
Q1 2019	17.05	17.05	3.53
Q2 2019	18.32	18.53	3.82
Q3 2019	16.98	17.17	3.56
Q4 2019	17.71	18.46	3.48
Q1 2020	15.82	16.28	2.68
Q2 2020	29.61	29.23	3.17
Q3 2020	42.48	43.40	3.64

Period	P/E	Adjusted P/E	Price/book
2010	17.15	17.15	5.61
2011	17.48	17.48	5.83
2012	17.38	17.38	6.04
2013	19.13	19.77	6.09
2014	21.83	23.45	6.63
2015	22.93	22.93	6.32
2016	16.69	16.69	4.51
2017	14.92	14.92	3.44
2018	14.45	14.45	3.16
2019	17.71	18.46	3.48

Business Segments (Million)

Compared With The

Period	Restaurants	Meat Factory	Bakeries	Shaboura factory
Q1 2011	124.61	6.28	23.98	4.43
Q2 2011	152.46	5.94	26.29	3.73
Q3 2011	144.55	5.36	20.74	1.88
Q4 2011	151.15	6.80	27.33	3.06
Q1 2012	161.28	7.26	27.15	3.26
Q2 2012	177.78	6.61	29.96	3.97
Q3 2012	170.50	5.86	33.91	-
Q4 2012	187.78	7.21	26.73	-
Q1 2013	176.07	6.47	26.22	-
Q2 2013	189.39	6.62	26.81	-
Q3 2013	173.20	6.79	18.54	-
Q4 2013	185.46	8.70	24.42	-
Q1 2014	182.75	7.74	25.44	-
Q2 2014	191.16	7.68	27.88	-
Q3 2014	196.58	6.76	21.37	-
Q4 2014	204.62	7.63	30.54	-
Q1 2015	226.66	6.83	31.71	-
Q2 2015	221.24	7.83	30.29	-
Q3 2015	246.39	6.06	27.01	-
Q4 2015	227.95	7.80	37.23	-
Q1 2016	241.18	6.67	35.70	-
Q2 2016	239.31	6.29	32.13	-
Q3 2016	279.93	6.12	29.12	-
Q4 2016	234.31	7.48	38.43	-
Q1 2017	232.91	7.83	34.28	-
Q2 2017	235.78	6.35	29.97	-
Q3 2017	273.07	6.90	31.75	-
Q4 2017	252.38	7.63	38.95	-
Q1 2018	243.28	7.40	35.62	-
Q2 2018	249.13	7.22	30.27	-
Q3 2018	284.92	8.35	35.90	-
Q4 2018	272.24	12.55	40.41	-
Q1 2019	263.74	11.95	37.71	-
Q2 2019	269.62	9.23	30.45	-
Q3 2019	288.72	10.87	39.50	-
Q4 2019	270.01	11.76	44.79	-
Q1 2020	233.95	17.55	45.43	-
Q2 2020	105.72	27.31	37.07	-
Q3 2020	252.85	16.09	42.18	-

Period	Restaurants	Meat Factory	Bakeries	Shaboura factory
2010	461.15	18.33	87.43	13.03
2011	572.77	24.37	98.33	13.10
2012	697.34	26.93	117.74	-
2013	724.12	28.58	95.99	-
2014	775.11	29.81	105.22	-
2015	922.24	28.52	126.24	-
2016	994.73	26.57	135.39	-
2017	994.13	28.70	134.96	-
2018	1,049.57	35.52	142.19	-
2019	1,092.09	43.82	152.44	-

Analysts Estimates (Million)

Item	Q3 2020 (e)	Q3 2020 (a)	Change‬
Average	32.00	41.38	29.31 %

Estimates vs Actual (Million)

Item	Q3 2020 (e)	Q3 2020 (a)	Change
Al Rajhi Capital	32.00	41.38	29.3 %

Financial Ratios

	Current
Market Cap (M Riyal)	1,512.22
Enterprise Value (EV) (M)	1,484.84
Shares Outstanding ((M))	64.68
EPS ( Riyal) (TTM)	(0.79)
Book Value (BV) ( Riyal)	15.10
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.55
Return on Average Assets (%) (TTM)	(2.72 )
Return on Average Equity (%) (TTM)	(5.09 )

Herfy Food Services Co. (HERFY FOODS)

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Herfy profit slumps 78% to SAR 32.3 mln in 9M 2020 on lower sales

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2020 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Herfy Food Services Co. (HERFY FOODS)

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Herfy profit slumps 78% to SAR 32.3 mln in 9M 2020 on lower sales

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q3 2020

Revenue by Business Segment (Latest) 2020 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Herfy Food Services Co. (HERFY FOODS)

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Business Segments (Million)