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Savola Group Company SJSC
Savola Tower Ashati District
Prince Faisal Bin Fahd Road
Phone: +966 122687800p:+966 122687800 JEDDAH, 23511-7333  Saudi Arabia Ticker: 20502050
Business Summary
Savola Group Company SJSC is a Saudi Arabia-based industrial company for the food and retail sectors. It is involved in the manufacturing and sale of vegetable oils and retail outlets, dairy products, fast foods, exports and imports, commercial contracting, trade agencies, development of agricultural products and real estate related investment activities. It operates five segments ; Food Processing, which includes manufacturing, sale and distribution of edible oils, sugar, pasta, spices, nuts, pulses and other food products; The Retail, which includes hyper markets, supermarkets and convenience stores operations; The Food Services that includes food products and fast food restaurants’ chain operated by Herfy; The Frozen Food that includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company; and The Frozen Food that includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company.
(Source: F-4)

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
9/30/202412/31/2023Yes----

Industries
SIC Code Description
5411 Grocery stores
5149 Groceries and related products, not elsewhere classified
2079 Shortening, table oils, margarine, and other edible fats and oils
2099 Food preparations, not elsewhere classified
2061 Cane sugar, except refining
2098 Macaroni, spaghetti, vermicelli, and noodles
5812 Eating places
6799 Investors, not elsewhere classified
6531 Real estate agents and managers

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: 1,133,981,000 (As of 9/30/2024)
Stock Exchange: SAU
Fax Number: +966 122687828


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Wednesday, November 20, 2024