| Introduction | Further to the company’s announcement on the Tadawul website dated 03-06-2025 AD corresponding to 07-12-1446 AH regarding the expansion of the company’s factory, the company has implemented the company’s factory expansion project and installed equipment and machinery for the production of cartons to increase production capacity by 150% to keep pace with customer purchase orders. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-06-03 Corresponding to 1446-12-07 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | The company has implemented a project to expand the company's factory and install equipment and machinery for the production of cartons to increase production capacity by 150% to keep pace with customer purchase demands. The project's trial production is expected to begin during the third quarter of the current year 2025. The company expects, based on the rapid pace of equipment on site, that the commercial production of the project will begin in the fourth quarter of the year 2025. |
| Financial Impact on the change | The financial impact of the change in the project is expected to be reflected in the company's financial results during the first quarter of 2026. |