Nofoth Food Products Co. (2288)

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News

19 August 09:00 AM Nofoth pens SAR 56m contract to acquire majority stake in Al Taam Al Wafir

Riyadh – Mubasher: Nofoth Food Products Company has signed a share purchase agreement to acquire a 65% stake in Al-Taam Al Wafir for a total potential consideration of SAR 55.96 million. The deal, signed on 18 August 2026, includes a fixed payment …

Company News

17 August 09:59 AM Nofoth announces SAR 5m cash dividends for Q2-26

Riyadh – Mubasher: The board of Nofoth Food Products Company has approved the distribution of SAR 4.74 million in interim cash dividends to shareholders for the second quarter (Q2) of 2026. The payout aligns with the company’s established dividend …

Company News

16 August 01:40 PM Nofoth sees 25% lower net profits in H1-26 results

Riyadh – Mubasher: Nofoth Food Products Company logged net profits of SAR 10.28 million for the second quarter (Q2) of 2026, representing a 17.60% decline from the SAR 12.47 million recorded during the same period last year. The company attributed …

Company News

21 July 03:57 PM Nofoth stock drops amid strategic expansion plans

Riyadh – Mubasher: Nofoth Food Products Company fell by 3.12% to close at an all-time low of SAR 6.53 during recent trading sessions. The Consumer Non-Durables sector constituent is currently trading below its short- and medium-term moving …

Corporate Actions

29 June 02:43 PM Nofoth eyes majority stake in Al Waal Al Bari Beverages

Riyadh – Mubasher: Nofoth Food Products Company has signed a non-binding memorandum of understanding (MoU) to explore the potential acquisition of a 70% equity stake in Al Waal Al Bari Beverages Company. The agreement, signed on 28 June 2026, …

Company News

10 June 06:26 PM Nofoth’s board greenlights 2026-2030 strategy to drive growth

Riyadh – Mubasher: The board members of Nofoth Food Products Company approved a strategic plan for the period from 2026 to 2030 to achieve sustainable growth and maximize shareholder value. The new strategy aims to boost operational efficiency, …

Company News

19 May 11:14 AM Nofoth to pay SAR 4.7m cash dividends for Q1-26

Riyadh – Mubasher: Nofoth Food Products Company announced interim cash dividends to shareholders valued at SAR 4.73 million for the first quarter (Q1) of 2026, according to a bourse filing. The company will pay out SAR 0.05 per share, representing …

Company News

20 January 07:07 PM Nofoth rolls out dividends policy until 2028

Riyadh – Mubasher: The board members of Nofoth Food Products Company approved an interim dividend distribution policy for shareholders from 2026 to 2028, according to a bourse statement. This aligns with the company’s strategy to deliver added and …

Cash Dividends

8 May 2024 03:42 PM Nofoth announces 2023 dividend recommendation

Riyadh – Mubasher: The board of Nofoth Food Products Company proposed a cash dividend worth SAR 0.20 per share for 2023. During its 7 May 2024 meeting, the board recommended paying 20% of the SAR 48 million capital as dividends for last year, …

Board of Directors

15 October 2023 03:37 PM CMA greenlights capital changes for 2 firms

Riyadh – Mubasher: The Capital Market Authority (CMA) approved the requests of Naseej International Trading Company and Nofoth Food Products Company to increase their capital. Naseej International plans to raise its capital by a rights issue …

Management Decisions