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Savola Group Company SJSC
Savola Tower Ashati District
Prince Faisal Bin Fahd Road
Phone: +966 122687800p:+966 122687800 JEDDAH, 23511  Saudi Arabia Ticker: 20502050

Business Summary
Savola Group Company SJSC is engaged in food and retail sectors. It operates following segments: Food processing segment, which includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, and Pulses, among others. Retail segment, which includes hyper markets and super market operations; Food services segment, which includes food products and fast food restaurants’ chain operated by Herfy; Frozen Food segment, which includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company; Investments segments, which includes real estate activities, investments in associates, fair value through profit or loss (FVTPL), Fair Value through Other Comprehensive Income (FVOCI) and other investments; and Others or Eliminations segment, which mainly include the eliminations. Its subsidiaries include Panda Retail Company, Good Food Company, and Al Matoun International for Real Estate Investment Holding Company, among other.
(Source: ARS)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board Sulaiman AbdulkadirAl Muhaidib 7/1/2013 7/1/2010
Group Chief Executive Officer Waleed KhalidFatani 1/1/2021 1/1/2021
Non-Executive Vice Chairman of the Board BaderBin Abdullah Al Issa 8/10/2011
9 additional Officers and Directors records available in full report.

Business Names
Business Name
2050
Al Kabeer Group of Companies
Savola Group Company

General Information
Number of Employees: 17,891 (As of 12/31/2022)
Outstanding Shares: 533,981,000 (As of 12/31/2023)
Stock Exchange: SAU
Fax Number: +966 122687828


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Thursday, March 28, 2024