Nadec profit surges 171% on rising dairy and food sales

Nadec profit surges 171% on rising dairy and food sales

Saudi farming giant National Agricultural Development Company (Nadec) said net profit for the third quarter of 2023 surged 171.24 percent to SAR75.27 million from SAR27.27 million a year earlier. Revenue jumped 22.55 percent year on year to SAR861.10 million, mainly due to a 23.37 percent increase in sales of the dairy and food processing sector […]