Al-Jawf clarifies potato supply contracts for Beard Restaurant
Al Jouf Agricultural Development Company announces the details of the contracts for supplying semi-fried potato fingers with the operating companies of Albaik restaurants. These contracts were signed during the first half of 2026 with five different legal entities. The contracts have a duration of one year, renewable, with quantities and prices determined on a quarterly basis in response to market fluctuations and actual demand, providing flexibility in dealings. It is expected that the impact of these agreements will positively reflect on the company's financial results starting from the third quarter of 2026, noting the presence of related parties from management working in contracting companies to ensure transparency in accordance with regulatory requirements.
Notice: This Is an AI-Generated Summary
Comments (0)