The National Company for Glass Industries published on the Financial Market website on November 12, 2023, regarding the approval of the Board of Directors of The National Company for Glass Industries to add a sixth line to produce glass containers with a productivity of 25,000 tons annually. The company announced to shareholders the latest developments in the project. The cost of the project amounted to SAR 46.6 million, The expected completion date of the project will be December 2024, The expected financial impact will begin in the first quarter of 2025 through an increase in net annual income of about SAR 10 million.
The National Company for Glass Industries
Equities
2150
SA0007879329
Non-Paper Containers & Packaging
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5-day change | 1st Jan Change | ||
42.75 SAR | +0.23% | -2.06% | +6.88% |
05-01 | The National Company for Glass Industries Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
04-30 | Zoujaj Posts Increase in Q1 Net Profit; Revenue Slips | MT |
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