| Element List | Explanation |
|---|---|
| Announcement Detail | Naqi Water Company announces the opening of a new branch in Riyadh dedicated to table eggs, in line with the completion of the first production phase and in preparation for the second production phase of the project. |
The opening of the branch comes as part of the company’s plans aimed at supporting marketing and distribution operations and enhancing its operational readiness to accommodate the expected growth in production during the upcoming phase.
The company expects that this expansion will contribute to enhancing table egg sector sales and improving the efficiency of reaching customers, thereby supporting revenue growth and improving profit margins in the future.
The company confirms its continued implementation of its expansion and operational plans in a manner that achieves its strategic objectives and enhances added value for shareholders.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.