BRIEF-Naqi Water Signs Contract For Purchase Of Machinery, Equipment For Poultry Sector Expansion

NAQI
Tadawul All Shares Index

NAQI

2282.SA

0.00

Tadawul All Shares Index

TASI.SA

0.00

June 14 (Reuters) - NAQI WATER COMPANY SJSC 2282.SE:

  • NAQI WATER - SIGNS CONTRACT FOR PURCHASE OF MACHINERY AND EQUIPMENT FOR POULTRY SECTOR, AS A CONTINUATION OF 50% EXPANSION PLAN

  • NAQI WATER - CONTRACT WILL BE SELF-FINANCED BY COMPANY WITHOUT ANY EXTERNAL FINANCING

  • NAQI WATER - TRANSACTION AMOUNT EUR 1.1 MILLION

  • NAQI WATER - TRANSACTION COMES AS PART OF PLAN TO COMPLETE PHASES OF EXPANSION IN POULTRY SECTOR

  • NAQI WATER - DEAL EXPECTED TO CONTRIBUTE TO COMPLETING READINESS OF TWO NEW POULTRY HOUSES AND INCREASING PRODUCTION CAPACITY

  • NAQI WATER - CONTRACT FINANCIAL IMPACT EXPECTED TO APPEAR DURING H1, 2027

Source text: ID:nSSE5VCS7b

Further company coverage: 2282.SE


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