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Horizon Food Co. 2021 Annual Results

Revenue
SAR 37M
Net Profit
SAR 11M

Horizon Food Co. (9564) reported full year 2021 revenue of SAR 37M, up 89.2% from SAR 19M in 2020. Net profit came in at SAR 11M, up 220.4% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20212020
RevenueSAR 37MSAR 19M
Net ProfitSAR 11MSAR 3M
Gross ProfitSAR 17MSAR 8M
Net Margin28.7%16.9%
ROE12.3%12.5%
Total AssetsSAR 92MSAR 63M
Total EquitySAR 86MSAR 26M

Year on Year Comparison

Revenue increased by 89.2% compared to 2020. Net profit increased by 220.4%. Both revenue and profit grew — indicating expanding business.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-04-17.