Naqi Water Co. (2282)

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News

4 August 07:34 AM Naqi Water reaches full production capacity at poultry project

Riyadh — Mubasher: Naqi Water Company has begun commercial production and sales for its new flock within its table-egg project. The company confirmed that the facility has reached 100% of its total production capacity, effectively doubling output …

Companies Investments

27 July 04:50 PM Naqi Water sees 86% higher profits in Q2-26

Riyadh — Mubasher: Naqi Water Company generated an 86.27% increase in net profit for the second quarter (Q2) of 2026, reaching SAR 8.87 million when compared to SAR 4.76 million in Q2-25. The company attributed the growth to an 18.16% rise in …

Company News

23 July 12:51 PM Naqi Water adjusts dividend payment date for H1-26

Riyadh — Mubasher: Naqi Water Company has revised the distribution schedule for its cash dividends covering the first half (H1) of 2026. Following a board of directors' decision reached on 22 July 2026, the company has moved the dividend payment …

Board of Directors

23 July 08:31 AM Naqi Water fuels regional expansion plans via new license

Riyadh — Mubasher: Naqi Water Company has obtained a license from the Saudi Food and Drug Authority (SFDA) authorizing the company to export table eggs to several international markets. The license was granted after the company fulfilled all …

Companies Investments

13 July 09:37 AM Naqi Water amends H1-26 dividend distribution ratio

Riyadh — Mubasher: Naqi Water Company issued a corrective statement today regarding its board of directors' decision to distribute cash dividends to shareholders for the first half (H1) of 2026. The company clarified that the distribution ratio …

Company News

12 July 09:47 PM Naqi Water to pay SAR 13m cash dividends for H1-26

Riyadh — Mubasher: Naqi Water Company’s board of directors has approved a cash dividend distribution of SAR 13 million for the first half (H1) of 2026. The payout is equivalent to SAR 1 per share, representing 6.50% of the nominal share value, …

Company News

6 July 10:31 AM Naqi Water corrects execution date for machinery contract

Riyadh — Mubasher: Naqi Water Company issued a regulatory filing to correct the execution date of a previously announced contract valued at SAR 17.58 million. The agreement involves the establishment of a factory for manufacturing bottled water …

Companies Investments

5 July 05:12 PM Naqi Water to develop new manufacturing facility at SAR 17.5m cost

Riyadh — Mubasher: Naqi Water Company inked a contract valued at SAR 17.57 million to establish an internal manufacturing facility for bottled water caps.  The agreement, signed on 14 June 2026, involves the purchase and installation of …

Companies Investments

2 July 11:19 AM Naqi Water pens MoU to acquire 70% stake in Ahali Najd Car Rental

Riyadh — Mubasher: Naqi Water Company signed a memorandum of understanding (MoU) to acquire a 70% equity stake in Ahali Najd Car Rental Company on 1 July 2026. The agreement, which is non-binding for Naqi Water but binding for the target company, …

Company News

28 June 07:12 AM Naqi Water extends deal with MEMCO for production line upgrades

Riyadh — Mubasher: Naqi Water Company has announced a significant update regarding the development of its primary production facilities in the Al Qassim region. The company has signed an addendum to its existing contract with Middle East Machinery …

Company News

23 June 08:37 AM Naqi Water expands business via new branch in Riyadh

Riyadh – Mubasher: Naqi Water Company, a prominent entity listed on the Saudi Exchange (Tadawul), has officially announced the inauguration of a new branch in Riyadh dedicated to its table egg business. This move is a central component of the …

Companies Investments

15 June 03:17 PM Naqi Water inks EUR 1m deal with Germany’s Big Dutchman

Riyadh – Mubasher: Naqi Water Company has signed a contract with Germany-based Big Dutchman at a value of EUR 1.12 million for the purchase of machinery and equipment for the poultry sector. The deal will be self-financed by the Saudi company …

Companies Investments

14 June 10:07 PM Naqi Water announces developments for Riyadh factory project

Riyadh – Mubasher: Naqi Water Company has announced a series of developments regarding the construction of its new manufacturing facility in Riyadh, including the signing of a contract addendum for additional works and a revision of the project …

Company News

11 June 05:09 PM Naqi Water forms new Audit Committee for upcoming board term

Riyadh – Mubasher: Naqi Water Company has finalized the composition of its Audit Committee for the upcoming Board of Directors term, following a board meeting on 10 June 2026, according to a bourse disclosure. The appointments, which were ratified …

Board of Directors

11 June 06:17 AM Naqi Water appoints Chairman, Vice Chairman

Riyadh — Mubasher: Naqi Water Company appointed Ameen Abdullah Al Mallah as the new Chairman, while Youssef Mohammed Al Qafari was named as Vice Chairman. The company also announced Abdulaziz Youssef Al Sayegh as Managing Director and CEO, …

Management Decisions

19 May 01:29 PM Naqi Water to open 2 new branches in Saudi governorates

Riyadh — Mubasher: The board members of Naqi Water Company approved opening two new branches in both Ad Dawadimi and Al Ghat governorates, according to a bourse disclosure. This step aligns with the company’s expansion plans aimed at enhancing its …

Company News

4 September 2025 11:55 AM Naqi Water, MEMCO sign EUR 900,000 deal

Riyadh — Mubasher: Naqi Water Company penned a deal with Middle East Factory for Machines Company Limited (MEMCO) at an amount of EUR 900,000, according to a bourse filing. Signed on 2 September, the agreement covers the supply and installation of …

Companies Investments

30 December 2024 09:25 PM Naqi Water pens over SAR 12m project to expand poultry sector

Riyadh — Mubasher: Naqi Water Company has signed an agreement with Belad Al Sham Contracting Company for a project worth SAR 12.31 million to build new poultry houses, which comes within an expansion plan. The project aims to boost the poultry …

Companies Investments

7 November 2023 07:37 PM Naqi Water’s net profits decline 12% in 9M-23

Riyadh – Mubasher: Naqi Water Company reported a 12.15% drop in net profit to SAR 40.58 million during the first nine months (9M) of 2023, compared to SAR 46.19 million in the same period of 2022. Revenues also declined by 14.68% to SAR 184.72 …

Financial Results

9 January 2023 01:28 PM Naqi Water’s shareholders approve SAR 20m dividends for 2 quarters

Riyadh - Mubasher: The shareholders of Naqi Water Company greenlighted the distribution of cash dividends worth SAR 20 million, representing 10% of the capital, for the second (Q2) and third quarters (Q3) of 2022. The Saudi firm will disburse SAR …

Board of Directors