Saudi's Herfy Food Services profit rises 26%
Herfy Food Services, Saudi Arabia's largest fast-food chain, said full-year profit increased 26% on higher sales in 2009, Bloomberg has reported. Net income gained to 114.6 million riyals ($30.6m), or 6.42 riyals a share, from 91.3 million riyals, or 5.11 riyals a share the year earlier, the company said in a statement. Full-year sales increased 11% to 517.6 million riyals in 2009.




