| Element List | Explanation |
|---|---|
| Announcement Detail | Naqi Water Company announces the commencement of production and commercial sales from the new flock of the Table Egg Project, achieving 100% of the project’s full production capacity and doubling production volume to reach the previously announced target level, following the completion of all necessary works. This supports the company’s expansion plans in the food sector. |
The commencement of production and commercial sales at full production capacity is expected to have a positive impact on sales and revenues, with the financial impact expected to be reflected gradually in the company’s results over the upcoming financial periods, depending on production rates and market demand.
The company confirms its continued implementation of its strategic plans aimed at growing its business, improving operational efficiency, and enhancing added value for its 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.