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Savola Group revenue hits $3.7bn in H1; net profit up 8.3pcSaudi food conglomerate Savola Group has reported revenues of SR13.9 billion ($3.7 billion) for the first half of the year compared to SR14.4 billion ($3.8 billion) last year, thus registering a 3.3% decline. More… |
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Savola Group posts $67.6m net loss in Q4, below estimatesSaudi food conglomerate Savola Group registered a net loss of SR254 million ($67.6 million) for the fourth quarter of 2021 compared to a net profit of SR45 million. These earnings came below the SR135 million e More… |
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Savola Group's net profit down 51% in Q2Saudi food conglomerate Savola Group has reported a decline in its Q2 net profit which fell to SR200 million ($53.2 million) from SR409.6 million last year. This was mainly because Savola’s retail b More… |
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Savola Group swings to $126m net profit in 2019Saudi Arabia's leading food products company Savola Group has reported a net profit of SR475.6 million ($126.4 million) for FY 2019 compared to the net loss of SR520.4 million ($138.3 million) the year before. Announcing the r More… |
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Savola Group posts profit in Q1Saudi Arabia's leading food products company Savola Group reported a net profit of SR6.5 million ($1.73 million) for first quarter (Q1) of 2019, compared to a loss of SR84.3 million ($22.47 million) in Q1 2018. The results bea More… |
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Savola director wins Young Executive awardTarik M Ismail, director of corporate affairs, sustainability and board secretary of the Saudi Arabia-based Savola Group recently won the "Young Executive of the Year Award" at the GCC edition of Asian Leadership Awards in Dubai, UAE. More… |
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Savola director wins Young Executive awardTarik M Ismail, director of corporate affairs, sustainability and board secretary of the Saudi Arabia-based Savola Group recently won the "Young Executive of the Year Award" at the GCC edition of Asian Leadership Awards in Dubai, UAE. More… |
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Savola Group CEO wins top awardThe Asia Pacific HRM Congress has awarded Dr Abdulraouf Mohammad A Mannaa, CEO and managing director of the Savola Group, a leading Saudi Arabia-based company, with the Visionary Leadership Award at its annual awards ceremony held in Bangalore, More… |
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Savola Q1 net profit surges 21.8pcSavola Group, the Saudi Arabia-based food conglomerate, posted a 21.8 per cent year-on-year rise in its first-quarter net profit to SR295.2 million ($78.72 million), it said on Saturday, exceeding analysts' expectations. The c More… |
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Savola buys strategic stake in subsidiariesThe Savola Group, the leading Saudi Arabia-based food conglomerate, has entered into a deal with Dammam-based Al-Muhaidib Holding Company, a key player in the kingdom's food distribution sector, to acquire a 10 per cent stake in its subsidia More… |
