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Gulf Mushroom Plans 50% Capacity Increase
The Gulf Mushroom Production Company (GMPI) has decided to increase its fertilizer production capacity by 50%, from 20,000 tons to 30,000 tons annually, in order to support future growth and enhance operational efficiency. The project is expected to be completed and operational by December 31, 2029. In the first half of 2026, the company's profits rose by 41.59% year-over-year to reach 1.66 million riyals, while the profits for the fiscal year 2025 increased by 20.37%, amounting to 2.34 million riyals.
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