Balady poultry company announced that it has signed a contract with famson Co. Ltd. - Jiangsu-people's Republic of China to establish a feed production plant (3 poultry feed production lines) with a production capacity of 60 tons per hour. Date of Announcement of the Award: February 19, 2024, Contract Subject Matter: Establishment of a feed production plant, Date of Signing the Contract: February 19, 2024, Contract value:($7,000,000), Signing the contract for the establishment of a feed production plant (consists of 3 lines for the production of poultry feed, Contract Details: With a production capacity of 60 tons per hour in Khamis Mushait Wadi bin hashbel city, Contract Duration: The contract period is 508 days, Financial Impact and the Relevant Period: The financial impact cannot be determined at this stage and any significant developments will be announced in due course.