The net profit for the current quarter increased by 8% compared to the same quarter of the previous year. This increase can be attributed to the following factors:
A 2% increase in gross profit, primarily due to a 24% decrease in the cost of sales resulting from lower raw material prices and reducing manufacturing operating …
Naqi Water Co. announced today, Nov. 5, the commencement of production, distribution, and sale of table eggs from its recently acquired poultry project.
The current revenues mark the beginning of the production process, the company said in a statement to Tadawul today.
Naqi Water also stated that the financial impact of the project is expected to …
As a continuation of the company’s strategic plan projects to achieve growth and expansion in its activities, Naqi Water Company announces the completion of the implementation of the contract to purchase the poultry project and the conclusion of agreements to supply egg-producing poultry.
In reference to the company’s announcement on the Tadawul website dated 04-07-2023 …
Naqi Water Company announces the Board of Directors decision to distribute cash dividends for the First half of the fiscal year 2023.
Dividends per share for the fiscal year 2022 was 15% equivalent to SAR 1.5 per share, while dividends per share for the first two quarters 2023 reaches 10% equivalent to SAR 1 per …
In line with the goals of the Kingdom’s Vision 2030 and among the company’s initiatives to support the sports sector, Naqi Water Company sponsors the Al-Shabab Club for the two seasons (2023/2024) (2024/2025).
The management of Naqi Water Company, represented by the Managing Director and CEO, Abdulaziz Al-Sayegh, and the CEO of the Youth Club, …
In line with the transparency principle that Naqi Water Company applies with its shareholders and the public regarding all financial and non-financial data that may affect their investment decisions in the company, and with reference to what has been announced regarding the company’s classification (mixed) from a Sharia perspective, the company would like to …
In accordance with Naqi’s strategic plan to expand its operating activities and diversify its segmental operations to enhance the company’s revenues, Naqi has signed a contract to purchase a poultry project that produces table eggs.
Naqi Company plans to actively invest in the poultry sector as part of its diversification strategy and due to the …
Naqi Water Company announces the start of constructing a new factory in Riyadh and the signing of a contract to acquire industrial property with all its facilities. The property was acquired due to its readiness and complete infrastructure necessary to begin production lines. The property is in the Second Industrial City of Riyadh and …
Naqi Water Company announces the recommendation of the Board of Directors to the General Assembly of the company issued in its decision on 10/16/1444 AH 5/6/2023 AD
Recommendation of the Board of Directors to the General Assembly of the Company, issued to split the nominal value of the share from SAR 10 to SAR 1 …
Naqi Water Company signs an agreement to sell and export its products in the Sultanate of Oman
This comes as an extension of the company’s expansion plans to reach the largest base of customers inside and outside the Kingdom of Saudi Arabia, by exporting its products to the Gulf Cooperation Council countries, where the company …
