Savola Group Company

Saudi Stock Exchange 2050.SR

Savola Group Company Gross Profit Margin for the year ending December 31, 2023: 20.30%

Savola Group Company Gross Profit Margin is 20.30% for the year ending December 31, 2023, a 16.83% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Savola Group Company Gross Profit Margin for the year ending December 31, 2022 was 17.37%, a -4.31% change year over year.
  • Savola Group Company Gross Profit Margin for the year ending December 31, 2021 was 18.16%, a -15.09% change year over year.
  • Savola Group Company Gross Profit Margin for the year ending December 31, 2020 was 21.38%, a 5.59% change year over year.
  • Savola Group Company Gross Profit Margin for the year ending December 31, 2019 was 20.25%, a 13.33% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
Market news
Saudi Stock Exchange: 2050.SR

Savola Group Company

CEO Mr. Waleed bin Khalid Yaseen Fatani
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters Savola Tower
Employees 23,643
Sector Consumer Staples
Industries
Consumer Packaged Goods Food & Beverages
Description

Savola Group Company, together with its subsidiaries, produces, markets, and distributes food products. It offers edible oils, vegetable ghee, sugar, pasta, bakery products, specialty fats, seafood, confectionery, and frozen food products, as well as snacks, cooking ingredients, and pulses. The company also engages in the agro cultivation, services and maintenance, trading and distribution, restaurant, real estate development, e-commerce, and fund and investment management activities. In addition, it retails grocery products through a chain of hypermarkets and supermarkets. Savola Group Company was founded in 1979 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

StockViz Staff

January 15, 2025

Any question? Send us an email