Naqi Water opens new branch in Makkah

Naqi Water’s production line

Naqi Water Co. announced opening a new branch in Jeddah, in line with its listing prospectus, which outlined the company's plan to expand its branches.

In a Tadawul statement today, May 1, Naqi also indicated that the opening aims to increase the share of its retail sales by reaching a wider customer base.

This is through enhancing the company’s presence and optimizing supply chain segmentation to better serve the needs of diverse customers.

The related financial impact is expected to be reflected on financial results for Q3 and Q4 2023, the company noted.