Herfy Food Services Company reported earnings results for the fourth quarter and full year of 2015. For the quarter, the company reported net earnings of SAR 45.2 million, down 7% from SAR 48.6 million in the prior-year period. The decrease in fourth quarter of 2015 net profits was mainly due to high cost of sales. Operational profit was SAR 45.99 million, compared to SAR 46.97 million for the same quarter ended December 31, 2014.



For the full year, the company's net profit was SAR 202.68 million, or SAR 4.39 per share, compared to SAR 205.80 million, or SAR 4.45 per share, for the year ended December 31, 2014. Operational profit was SAR 208.08 million, compared to SAR 193.62 million for the year ended December 31, 2014.