Savola Group Company

Saudi Stock Exchange 2050.SR

Savola Group Company Net Income for the year ending December 31, 2023: USD 239.42 M

Savola Group Company Net Income is USD 239.42 M for the year ending December 31, 2023, a 21.33% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Savola Group Company Net Income for the year ending December 31, 2022 was USD 197.33 M, a 87.30% change year over year.
  • Savola Group Company Net Income for the year ending December 31, 2021 was USD 105.36 M, a -56.54% change year over year.
  • Savola Group Company Net Income for the year ending December 31, 2020 was USD 242.40 M, a 38.65% change year over year.
  • Savola Group Company Net Income for the year ending December 31, 2019 was USD 174.83 M, a 226.22% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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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
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

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