TheScreener - Herfy Food Services Co (6002) HERFY FOOD SERVICES reduced its risk exposure resulting in an upgrade to Slightly Positive

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TheScreener

EUR 13.22 For Business Accounts Only

HERFY FOOD SERVICES reduced its risk exposure resulting in an upgrade to Slightly Positive

HERFY FOOD SERVICES (SA), a company active in the Restaurants & Bars industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date February 4, 2022, the closing price was SAR 62.50 and its potential was estimated at SAR 72.95.

05/02/2022 1 EN

Underlying

Herfy Food Services Co

Herfy Food Services Co SJSC (HFS) is a Saudi Arabia-based public shareholding company that is engaged in the food industry. The Company owns and operates a chain of fast-food restaurants, sweets and chocolate shops, bakery outlets, three bakery factories, and a meat processing plant. The Company's operations are structured into four business segments: the operation of restaurants and provision of supply services; production and sale of meat products; production and sale of Shaboura products, and production and sale of bread. HFS, through its restaurants and outlets, provides varied foods menus under the brand name Herfy, including 19 combo meals as well as 30 individual items such as hamburgers, chicken, seafood, soft drinks and different side orders. Furthermore, the Company sells various products produced by its factories to the local and regional consumers under the brand name Herfy Foods, including maamoul breads and cooked frozen chicken tenders, among others.

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SA12GGPITP13 Saudi Stock Exchange Saudi Arabia

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HERFY FOOD SERVICES reduced its risk exposure resulting in an upgrade to Slightly Positive

Empowering Investors

Monthly LMI Update Independent Investment Research

HERFY AB | Expensive in light of distant recovery; Cut to UW

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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