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Overview
The company was established in 1991 as a sole proprietorship under the name “Agricultural Development Corporation”. In 2019, it was converted into a Saudi joint-stock company. The firm principally operates in the food and agriculture business, in addition to animal and poultry feeds and restaurant outlets.
The company carries out its activities through its subsidiaries via four business segments. The poultry segment, through which the company’s subsidiary, Agricultural Development Company Ltd., locally raises chicken and offers fresh, frozen and seasoned Halal products under the brand name “TANMIAH”.
In addition to the feed and veterinary segment, through which the company provides feed and veterinary services via its subsidiary Desert Hills for Veterinary Services Company Ltd., which provides medicines, vaccines and feed for various sectors, including poultry, dairy, equine, pets and baby broiler chicks, and related equipment.
Through its subsidiary, Supreme Foods Processing Company Ltd., the company is engaged in the added-value segment, which includes the production of a variety of added-value and processed chicken and meats in three factories, two in Saudi Arabia and one in the UAE. The company’s added-value products are distributed as raw or pre-cooked meats and delivered chilled or frozen for ?nal preparation to the hospitality facilities. The quick service restaurant segment includes POPEYES fast food restaurant chain.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1976 |
Commercial Register: | 1010087483 |
Website: | www.tanmiah.com |
IR@tanmiah.com | |
Phone | +966 11 477 5192 |
Fax | +966 11 476 5865 |
Address | Fatimah Az Zahra - Al Rabwah district- Umar Ibn Abdulaziz road- Riyadh 11632 |
PO Box | 86909 |
Argaam Classification
Industry Peers
Almarai Co. |
Almunajem Foods Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 6.00 |
Free Float % : | 30.00 |
Weight in Index % : | 0.03 |
3M Average Volume : | 229,223 |
3M Average Transactions : | 1,757 |
Change(12M) % : | (2.05) |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Al-Dabbagh Group Holding Company | 14.00 | 70.00 % |
Subsidiaries & Associates
Company | Country | Percentage |
---|---|---|
?Al Tanmiah for Administration of Restaurants | Qatar | 100.00 % |
Nola Management | Bahrain | 100.00 % |
Golf Brands Restaurants Management | Kuwait | 100.00 % |
Development of fast food restaurants | Saudi Arabia | 100.00 % |
Al Tanmiah International General Trading L.L.C. | UAE | 100.00 % |
GBFFC | Saudi Arabia | 100.00 % |
Desert Hills for Veterinary Services | Saudi Arabia | 100.00 % |
Agriculture Development | Saudi Arabia | 85.00 % |
Supreme Foods Processing | Saudi Arabia | 40.00 % |