The National Company for Agricultural Development (Nadec) announced to direct the board of directors of the company to conduct a comprehensive and urgent study to assess the company's expansion by entering into a number of major food activities.

The company said in a statement to the Saudi market (Tadawul) that the purpose of the expansion is to take advantage of opportunities in the field of food market and participate in supporting and strengthening the supply chains in the Kingdom.

The company’s board of directors, in its meeting held yesterday, Tuesday, reviewed the protection procedures followed in the company, stressing that your club applies the highest safety and quality standards in the company's products and employees. p>

The Board of Directors also affirmed your club’s commitment to continuing to provide its food products on a daily basis in the Kingdom’s markets.

Your club turned into a loss last year of 7.3 million riyals, compared to 2018 profits of 1.74 million riyals.