| Introduction |
Reference to the announcement of wafrah for Industry and Development Co. concerning signing off a contract with GEA Food Solutions to provide the company with highly automized processing and packaging frozen and cooked meat lines.Wafrah Co. is pleased to announce the commencement of the commissioning of the lines. |
| Previous Announcement |
Signing off a contract with GEA Food Solutions |
| Date of Previous Announcement on Tadawul’s Website |
2022-08-08 Corresponding to 1444-01-10 |
| Percentage of fulfilled achievement |
95% |
| Event’s Expected Completion Date |
2024/01/20 |
| Reasons for Exceeding the Announced End Date |
Delay in the arrival of some important supporting equipment to operate the main production lines for reasons relating to the manufacturer- Technical and technological additions to production lines in a way that suits the targeted sectors in the market |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
N/A |
| Impact of the Delay on the Company’s Financial Results |
The financial impact will appear in the first quarter of 2024 |
