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National Environmental Recycling Co, announces starting operation of the main production unit.

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TADWEEER
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1445/04/18     02/11/2023 09:08:33

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Announcement Detail National Environmental Recycling Co is pleased to announce to the shareholders, on starting operation of the main production unit after obtaining the industrial license from Ministry of Industry and Mineral Resources and 'operation license' from the Saudi Authority for Industrial Cities and Technology Zones 'Modon' to operate its factory located in the Gate Industrial City – Riyadh City .

A positive impact expected to appear in the financial results in the first quarter of the year 2024.

Tadweeer will continue its strategy of achieving growth and expansion to cover local and global demand, and maximize its assets in order to achieve the highest levels of growth and the best financial returns for its shareholders.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Last Price 12.5
Net Change 0.0 (0.0%)
Value Traded (Sar) 62,712.16
Volume Traded 5,017
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