Riyadh – Mubasher: Herfy Food Services Company accepted the resignation of Sam Mohamed Bader from his position as its CEO due to personal reasons.
Bader submitted his resignation on 19 April and became effective on 21 April 2024, according to a bourse statement.
Meanwhile, he was appointed as an advisor to Herfy.
In the 12-month period that ended on 31 December 2023, the Tadawul-listed firm logged net profits valued at SAR 8.38 million, an annual leap of 136.49% from SAR 3.54 million.
Revenues declined by 5.63% to SAR 1.17 billion last year from SAR 1.24 billion in 2022, while the earnings per share (EPS) hiked to SAR 0.13 from SAR 0.05.
