Tanmiah Food Co 2021 AR2
The report highlights Tanmiah Food Company's strategic milestones and financial performance for the fiscal year 2021, marked by its successful initial public offering on the Saudi Stock Exchange (Tadawul). The company achieved a 27% year-on-year revenue growth to reach SAR 1.54 billion, driven by capacity expansions and post-pandemic recovery across its business segments. Key operational achievements included increasing broiler capacity by 38% to 370,000 birds per day and expanding retail market share to 20.8%. On the sustainability front, Tanmiah advanced its environmental initiatives by planting 200,000 trees as part of its one-million-tree project, utilizing recycled wastewater, and becoming the first MENA poultry company to receive Global Animal Wellness Standards certification from NSF.
Company: Tanmiah Food Co
Sector: Consumer Staples
Country: Saudi Arabia
Year: 2021
Type: AR2
Pages: 150
Tanmiah Food Co
Annual Report
The report highlights Tanmiah Food Company's strategic milestones and financial performance for the fiscal year 2021, marked by its successful initial public offering on the Saudi Stock Exchange (Tadawul). The company achieved a 27% year-on-year revenue growth to reach SAR 1.54 billion, driven by capacity expansions and post-pandemic recovery across its business segments. Key operational achievements included increasing broiler capacity by 38% to 370,000 birds per day and expanding retail market share to 20.8%. On the sustainability front, Tanmiah advanced its environmental initiatives by planting 200,000 trees as part of its one-million-tree project, utilizing recycled wastewater, and becoming the first MENA poultry company to receive Global Animal Wellness Standards certification from NSF.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees