Riyadh — Mubasher: Naqi Water Company has opened a new branch in the city of Tabuk as part of its strategic plan to expand its geographical footprint across the Kingdom.
The company stated that the new facility is intended to enhance its distribution network and improve operational and logistical efficiency by increasing proximity to target markets.
The expansion aims to support sales growth and improve the speed of customer service in the northern region.
Naqi Water expects the financial impact of this opening to be reflected in its results based on operational activity levels and market demand in upcoming periods.
The company confirmed it is continuing to evaluate further expansion opportunities to support long-term business growth and reach a broader customer base in promising regions.
This move aligns with the company's broader strategy to capitalize on market opportunities and strengthen its presence throughout Saudi Arabia.
In the first six months of 2026, the company logged net profit amounting to SAR 15.08 million, a 79.54% increase from the SAR 8.40 million recorded in the first half (H1) of 2025.
