iOud says new production line to cost SAR 1.5M

17/12/2024 Argaam

iOud says new production line to cost SAR 1.5M

Logo of Intelligent Oud Company for Trading (iOud)

Intelligent Oud Company for Trading’s (iOud) new production line for manufacturing cleaning and household products will cost SAR 1.5 million, the company said in a statement to Tadawul.

 

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The line will be financed from the company’s internal resources, the statement added, noting that any updates will be announced in a timely manner.

 

According to data compiled by Argaam, iOud’s board of directors approved, on Dec. 12, the establishment of a new production line for manufacturing cleaning and household products, leveraging its expertise in aromatic raw materials.

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