Logo ofNaqi Water Co.
In a statement to Tadawul, Naqi Water said the contract includes the purchase of 200,000 Hisex layer chicks, one of the top-producing breeds, marking the first phase of the project’s vital supply plan, as part of the ongoing implementation of the poultry sector project. 
This step aims to secure the flocks needed to start the breeding cycle, leading to commercial production once construction and operational works are completed. The production capacity resulting from this agreement is estimated at around 60 million eggs annually.
The contract will be self-financed, and the agreement will contribute to gradually boosting production capacity until it aligns with the announced strategic plans.
The company stated it has completed advanced stages of the project, including the purchase of modern machinery and equipment, as well as work on infrastructure and the construction of new poultry houses. Work is now underway to complete the remaining implementation stages to enhance the project’s operational efficiency.
Naqi expects the financial impact of this phase to start appearing in H1 2026, noting there are no related parties in the contract.
Naqi stressed that this move is in line with its expansion strategy and income diversification efforts, and is part of the previously announced execution stages of its wholly owned poultry sector project.
Logo ofNaqi Water Co.
In a statement to Tadawul, Naqi Water said the contract includes the purchase of 200,000 Hisex layer chicks, one of the top-producing breeds, marking the first phase of the project’s vital supply plan, as part of the ongoing implementation of the poultry sector project.
This step aims to secure the flocks needed to start the breeding cycle, leading to commercial production once construction and operational works are completed. The production capacity resulting from this agreement is estimated at around 60 million eggs annually.
The contract will be self-financed, and the agreement will contribute to gradually boosting production capacity until it aligns with the announced strategic plans.
The company stated it has completed advanced stages of the project, including the purchase of modern machinery and equipment, as well as work on infrastructure and the construction of new poultry houses. Work is now underway to complete the remaining implementation stages to enhance the project’s operational efficiency.
Naqi expects the financial impact of this phase to start appearing in H1 2026, noting there are no related parties in the contract.
Naqi stressed that this move is in line with its expansion strategy and income diversification efforts, and is part of the previously announced execution stages of its wholly owned poultry sector project.
