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National Agricultural Develp Compny SJSC
P.O.Box 2557
Phone: +966 112027830p:+966 112027830 RIYADH, 11461  Saudi Arabia Ticker: 60106010
Business Summary
National Agriculture Development Co SJSC (NADEC) is a Saudi Arabia-based joint stock company engaged in cattle farming and agricultural development activities, as well as food processing and distribution. The Company operates through two business segment: Agricultural Products, and Food Manufacturing. The Company’s products included crops, fruit, honey, olive oil and vegetable. Its food products include butter, cheese and tomato paste, as well as other dairy products, juice and dates. The Company operates a range of business in dairy farms, agricultural production, dairy and food processing, honey production and dates processing. The Company has four agricultural projects located across the Kingdom of Saudi Arabia, including Al-Dawasser, Haradh, Hail and Al-Jouf Projects.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
2026 Fluid milk
2022 Natural, processed, and imitation cheese
0241 Dairy farms
2099 Food preparations, not elsewhere classified
2021 Creamery butter
2037 Frozen fruits, fruit juices, and vegetables

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Sulaiman A.Al Rajhi
Chief Executive Officer, Managing Director, Member of the Board Abdul Aziz B.Al Babtain 4/10/2012
Chief Executive Officer Nadec Foods Karim M.Manssour 9/1/2015 9/1/2015
12 additional Officers and Directors records available in full report.

Business Names
Business Name
6010
National Agricultural Development Co.
National Agriculture Development Co.
National Agriculture Development Company

General Information
Outstanding Shares: 301,640,000 (As of 12/31/2023)
Stock Exchange: SAU
Fax Number: +966 112027888


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Thursday, April 18, 2024