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    6002   SA12GGPITP13

HERFY FOOD SERVICES COMPANY

(6002)
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End-of-day quote Saudi Arabian Stock Exchange  -  05-14
52.40 SAR   +2.75%
03/29Herfy Food Services Company Announces Management Changes
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03/21Herfy Food Services Company Reports Earnings Results for the Full Year Ended December 31, 2021
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2021Herfy Food Services Co. Proposes Non Distribute Cash Dividends to Shareholders for the Financial Year 2021
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اعلان شركة هرفى للخدمات الغذائية عن تعيين الرئيس التنفيذي المكلف رئيساً تنفيذياً لل

11/03/2021 | 03:32am EDT
Herfy Food Services Company announces the appointment of the Acting CEO as CEO of the company

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Element List Explanation
Introduction Herfy Food Services Company announces that the Board of Directors, in its meeting on 2/11/2021, based on the recommendation of the Nominations and Remunerations Committee, decided to appoint the Acting CEO, Mr. Sam Bader, as CEO of the company.

The Board of Directors of Herfy Food Services Co. extends its appreciation and gratitude for the efforts made by Mr. Sam Bader during his term of acting CEO, which was reflected in the company's good performance.

Element List Explanation
Appointment Type Appointment
Name of the CEO Sam Mohamed Bader
Date of Board Resolution 2021-11-02 Corresponding to 1443-03-27
Date Work Commencement 2021-11-02 Corresponding to 1443-03-27
Brief Resume Mr. Sam Bader have a great experience in the food

industry since he started his working career with BK USA FOR Three Years, then he joined McDonald's international USA for 21 years and reach the Director of operation, And he joined With HERFY food service for the last 16 years, and he have Academic Study in jersey city state College, USA. In Accounting and Business management.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Disclaimer

Herfy Food Services Co. SJSC published this content on 03 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 November 2021 08:31:06 UTC.


ę Publicnow 2021
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Financials
Sales 2022 1 438 M 383 M 383 M
Net income 2022 226 M 60,1 M 60,1 M
Net Debt 2022 385 M 103 M 103 M
P/E ratio 2022 15,3x
Yield 2022 4,02%
Capitalization 3 389 M 904 M 904 M
EV / Sales 2022 2,63x
EV / Sales 2023 2,44x
Nbr of Employees 5 586
Free-Float 31,8%
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Mean consensus UNDERPERFORM
Number of Analysts 5
Last Close Price 52,40 SAR
Average target price 64,28 SAR
Spread / Average Target 22,7%
EPS Revisions
Managers and Directors
Saleh Abdel Rahman Al-Fadhel Chief Financial Officer
Essam Abdulkader A. Mohsin Al-Muhaidib Chairman
Abdullah bin Abdullatif Al-Saif Independent Director
Ahmed Mohammed Al-Faleh Independent Director
Mohammad Abdullah Al-Hagbani Independent Director
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