Annual Report

Overview

The report describes Nofoth's 2024 financial and operational growth, with revenue of 365,059,686 SAR and an 18.45% increase over 2023. It highlights continued brand development, including the acquisition of the Maqsoud Restaurants brand and the launch of Cake by Mamola. The company also acquired 366,564 treasury shares for its employee incentive program, although none had been granted by year-end. Sustainability content focuses on institutional sustainability, enterprise risk management, governance, human-capital initiatives, and community contributions.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
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