Tanmiah hits highest close since listing

Tanmiah hits highest level since listing

Logo of Tanmiah Food Co.

Shares of Tanmiah Food Co. hit their highest close since listing, at SAR 121.80 each, today, Nov 6.

The stock closed at more than 5% higher, with nearly 400,000 shares traded.

Tanmiah was established in Riyadh in 1991, and was listed on the Saudi Exchange in August 2022 with a capital of SAR 200 million.

The company operates in three core segments: poultry production, additional food processing, and feed and veterinary services. It produces, processes and sells fresh poultry products and other meat products, in addition to producing and selling animals feed, broiler chicks, hatching eggs and animal health products.

Tanmiah also implements comprehensive poultry and greenhouse projects, in addition to selling poultry and greenhouse equipment.

Tanmiah Stock Performance
Annual High (SAR)	120.80	Today, Nov. 6, 2022
Annual Low (SAR)	60.50	June 20, 2021
Historical High (SAR)	121.80	Today, Nov. 6, 2022
Historical Low (SAR)	60.50	June 20, 2021
Highest Traded Volume (mln shares)	5.98	Aug. 5, 2021 (second listing day)

The following table shows Tanmiah’s most important financial indicators:

Key Financial Indicators
Earning Per Share (last 12 months) (SAR)		1.15
Operating P/E (last 12 months) (x)		Above 50
Book Value (SAR)		18.89
P/B Ratio (x)		6.39

Saudi Stocks Trading

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