Naqi Water Company announces that its Board of Directors, on 30-07-1447 AH corresponding to 19-01-2026 AD, approved a recommendation to adopt the company’s dividend distribution policy for the next three years. The policy will be presented, God willing, at the upcoming General Assembly meeting for approval. The date of the meeting will be announced …
Naqi Water Company announces to its shareholders the latest developments regarding the previously announced event related to the purchase and supply of biological assets for the poultry project, where 100,000 layer chicks have been received as the first batch of the supply plan, coinciding with the completion of the construction of the poultry houses.
Naqi Water Company announces the signing of a contract for the construction of new poultry houses as part of its poultry sector expansion plan.
The contract includes the construction works for the preparation of infrastructure, structures, and poultry houses buildings. These constructions are to be operated in line with modern quality standards and the latest …
1- Resignation of the Board Member Mr. Zaid Nehad Al-Nathir (Non-Executive Member and Member of the Remuneration and Nominations Committee) from his positions, effective from 03-06-1446 AH, corresponding to 04-12-2024. The resignation is due to personal circumstances.
2- Appointing Professor Obaid bin Saad AlMotairy as a member of the Board of Directors, replacing the resigned …
In the current quarter, the company reported a 9.8% decrease in overall sales, primarily due to reduced wholesale sector sales, that’s because, the company redirected its strategy to be focus on retail expansion, which included the acquisition of branches in the Hail and Eastern Regions, along with the consumer sales agency in Riyadh. As …
The reason for the decrease in the company’s sales is attributed to changes in sales in both the retail and wholesale sectors, resulting from the company’s strategy aimed at expanding the opening of retail branches. This expansion led to an increase in retail sales; however, the decline in wholesale sales contributed to the overall …
