Riyadh – Mubasher: The net losses attributable to the owners of Herfy Food Services Company shrank by 78.98% year-on-year (YoY) to SAR 3.90 million in the first quarter (Q1) of 2026 from SAR 18.59 million.
The revenues amounted to SAR 250.14 million as of 31 March 2026, an annual drop of 6.85% from SAR 268.55 million, the interim financial results showed.
Meanwhile, the loss per share declined to SAR 0.06 in Q1-26 from SAR 0.29 a year earlier.
The quarterly losses retreated by 66.47% from SAR 11.65 million in Q4-25, while the revenues fell by 5.53% from SAR 264.78 million.
Herfy generated 33.51% YoY lower net losses at SAR 77.47 million in 2025, compared to SAR 116.52 million.
