Herfy Food Services Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

Herfy Food Services reported a net profit of SAR 2.96 million for the second quarter of 2026, representing a 229.3% increase from the SAR 0.90 million profit in the same quarter last year and a recovery from a SAR 3.91 million loss in the previous quarter.
Half-year results for the period ending June 30, 2026, showed a narrowed net loss of SAR 0.94 million compared to a SAR 17.70 million loss in the prior year, reducing the loss per share from SAR 0.27 to SAR 0.01.
Quarterly revenue declined by 6.7% year-over-year to SAR 265.46 million due to lower sales volumes, though top-line performance improved 6.1% on a sequential basis compared to the first quarter of 2026.
The surge in quarterly net profit and reduction in six-month losses were driven by lower selling and distribution expenses, reduced finance costs, and a decrease in provisions for impairment losses, which offset higher general and administrative expenses.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	265,455,388	284,559,331	-6.713	250,140,144	6.122
Gross Profit (Loss)	76,835,578	76,433,749	0.525	70,801,520	8.522
Operational Profit (Loss)	11,162,736	9,221,956	21.045	4,031,229	176.906
Net Profit (Loss) Attributable to Shareholders of the Issuer	2,963,394	899,934	229.29	-3,907,863	-
Total Comprehensive Income Attributable to Shareholders of the Issuer	2,963,394	899,934	229.29	-3,907,863	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	515,595,532	553,109,861	-6.782
Gross Profit (Loss)	147,637,098	137,831,525	7.114
Operational Profit (Loss)	15,193,965	-335,306	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	-944,469	-17,696,909	-94.663
Total Comprehensive Income Attributable to Shareholders of the Issuer	-944,469	-17,696,909	-94.663
Total Shareholders Equity (after Deducting Minority Equity)	848,279,027	907,293,840	-6.504
Profit (Loss) per Share	-0.01	-0.27
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The decrease in revenues for the Second quarter of 2026 compared to the revenues for the same quarter of 2025 is due to the decrease in sales.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason for the increase in net profit for the 2nd Quarter of 2026 compared to net profit for the same quarter of 2025 is due to the decrease in selling and distribution expenses and the decrease in finance cost and the decrease in provisions for impairment loss on financial assets, despite the increase in the General and administration expenses, and the decrease in sales and other income, and the increase in zakat expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason for the increase in revenues in the Second quarter of 2026 compared to the previous quarter is due to the increase in sales.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason for the achieved net profit for the 2nd Quarter of 2026 compared to net losses for the previous quarter of 2026 is due to the increase in sales and other income, the decrease in finance cost, and the decrease in provisions for impairment loss on financial assets, despite the increase in General and administration expenses and the increase in selling and distribution expenses and the increase in zakat expenses.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The decrease in revenues for the first six months of 2026 compared to the revenues for the same period of 2025 is due to the decrease in sales.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The reason for the decrease in net losses for the Period Ending on 30-6-2026 compared to net losses for the same period in 2025 is due to the decrease in selling and distribution expenses, the decrease in finance cost, the decrease in zakat expenses, and the decrease in provisions for impairment loss on financial assets and non-financial assets, despite the increase in General and administration expenses, and the decrease in sales and other income.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	Non
Reclassification of Comparison Items	Non
Additional Information	Non