Announcement Detail Naqi Water Company announces the opening of new branch in Jeddah Governorate in Mecca Region, This step is in line with the company's commitment to its investors, as stated in its listing prospectus, which outlined the company's expansion plans to expand its branches.
The opening of the Jeddah branch aims to increase the share of its retail sales by reaching a wider customer base through enhancing the company's presence and facilitating the supplying process to different customer segments.
The financial impact of the new branch is expected to begin in the third and fourth quarters of 2023.
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