| Introduction |
In reference to the announcement by Wafrah for Industry and Development company regarding the signing of a contract with GEA Food Solutions Company to manufacture and supply highly automated production lines for manufacturing and packaging frozen and cooked meat and the announcement of the start of trial operation, Wafrah for Industry and Development company would like to announce the latest developments on the matter |
| Previous Announcement |
The start of trial operation in the GEA Food Solutions contract |
| Date of Previous Announcement on Saudi Exchange’s Website |
2023-12-14 Corresponding to 1445-06-01 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website |
Click Here |
| Latest Developments Of The Announced Event |
it is expected that the project will be concluded during March 2024 |
| Reasons For The Delay on The Date of The Event Previously Announced |
The delay in arrival of some equipment due to changes in the shipping route. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
N/A |
| Delay consequences on the Company’s financial results |
The financial impact will appear starting in the second quarter of 2024 |
