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Savola Group Company JSC (Saudi Arabia)

Main Activities: Food Manufacturing | Grocery and Related Product Merchant Wholesalers | Management of Companies and Enterprises
Full name: Savola Group Company JSC Profile Updated: January 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Savola Group Company is a Saudi leading industrial company, headquartered in the city of Jeddah in KSA. It was incorporated in 1979 and its shares have been listed on the Saudi Stock Exchange since 2003. The company’s main activities are divided in four main groups: edible oils,sugar and pasta;retails; plastics and real estate. The company is engaged in packaging as well. Through its subsidiaries the company operates in a number of countries in the Middle East, North Africa and Central Asia, including Morocco, Algeria, Libya, Egypt, Sudan, Turkey, Lebanon, Jordan, Saudi Arabia, Yemen, Iran, Qatar, Kuwait, Oman, Iraq, Turkey, Kazakhstan, Uzbekistan, Kyrgyzstan, etc. Savola operates one of the largest food chains in the Middle East - Panda. The company has approximately 18,500 employees in KSA and more than a total of 23,806 employees all over the world.

Headquarters
Savola Tower Ashati District, Prince Faisal Bin Fahd Road, Savola Group 2444 Taha Kusaifan, Unit No. 15
Jeddah; Mecca Region; Postal Code: 23511

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Website: http://www.savola.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 10, 1979
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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8.234%
Subsidiaries
Adeem Arabia Company
100%
Al Matana Holding Company
100%
Al Utur Arabian Company For Commercial Investment (Formerly Al Utur Arabian Holding Company For Commercialinvestment)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
-4.32%
Total operating revenue
-3.63%
Operating profit (EBIT)
39.26%
EBITDA
-14.81%
Net Profit (Loss) for the Period
23.77%
Total assets
1.36%
Total equity
2.32%
Operating Profit Margin (ROS)
2.72%
Net Profit Margin
0.91%
Return on Equity (ROE)
1.95%
Debt to Equity Ratio
3.16%
Quick Ratio
0.06%
Cash Ratio
-0.02%

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