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Almarai's board agrees on investing SAR 275m in poultry sector

Almarai's board agrees on investing SAR 275m in poultry sector
The board agreed on developing grandparent farming and production facilities
ALMARAI
2280
-0.37% 54.00 -0.20

Riyadh – Mubasher: The board of Almarai Company has approved a plan to invest SAR 275 million in expanding the existing processing facilities of the poultry segment.

As part of the expansion, the board also agreed on developing grandparent farming and production facilities to increase the poultry supply, according to the company's disclosure to the Saudi Stock Exchange (Tadawul) on Tuesday.

Meanwhile, Almarai’s management will carry out a comprehensive study for further expansion of the other basic food categories.