Saudi foodservice company Herfy bounced back to profit for July through September after plunging into the red in the second-quarter.
The company posted net profit of 41.38 million riyals ($11.03 million) for the third-quarter from a loss of 34.24 million riyals for April to June, it reported in a bourse filing on Monday (Oct 26).
Its third-quarter sales increased by 83% to 311.12 million riyals, after managing only 170.1 million riyals for the previous three months.
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