2281 – Tanmiah Food Company SCJSC

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 38.04

Low: 37.51

High: 38.57

Total Analysts: 2

Company Profile

Tanmiah Food Company SCJSC is a Saudi Arabia-based holding company. The Company, through it’s subsidiaries, is engaged in the manufacturing and distribution of food and agricultural products. It operates in three principal business segments: poultry production segment, which produces and sells fresh poultry products; further food processing segment, which manufactures and sells processed poultry and other meat products; and feed and veterinary service segment, which is engaged in manufacturing and selling of animal feed, selling of broiler chicks, hatching eggs, animal health products, turnkey poultry and greenhouse projects, and selling of poultry and greenhouse equipment. It operates approximately 84 farms, six hatcheries, one feed mill, two slaughterhouses, three food processing plants, and 13 dry and cold storage facilities. It’s subsidiaries include Agricultural Development Company, Desert Hills Veterinary Services Company, and Supreme Foods Processing Company, among others.

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