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Logo of Naf Company for Feed for Industry shown, as it signs a SAR 62M worth of a contract, representing 38% of 2024 total revenue
The value of the contract represents about 38% of Naf’s total revenue for 2024, the company said in a statement to Tadawul. The figure may fluctuate if feed prices per ton under the agreement are adjusted, as they are reviewed every 45 days.
Under the deal, Naf will supply poultry fattening feed—including starter, grower, and finisher broiler feed—to Taryah’s farms at an annual volume of 36,000 tons, subject to increase depending on product categories and demand.
The one-year contract, renewable upon mutual written consent, will take effect on Sept. 1, 2025. Naf expects the financial impact to appear in the third quarter of 2025.
The company said the agreement involves no related parties.
According to Argaam data, Naf was listed and began trading on the Nomu Parallel Market on July 20, 2025, at an initial price of SAR 76 per share.
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