Aljouf Mineral Water Bottling Co. (9532.SR), also known as Hilwa Water, engages in the production, bottling, and distribution of healthy mineral water and filtered pure water in plastic bottles of various sizes in Saudi Arabia. The company, founded in 1982 and headquartered in Riyadh, sources water from an underground well in Dumat Al-Jandal, Al-Jouf region, emphasizing low sodium content and compliance with international quality standards through advanced production lines; it manufactures its own plastic bottles and targets retail, wholesale, and consumer markets primarily within the Kingdom. Core products include the flagship Hilwa brand mineral water offered in multiple bottle sizes, alongside filtered pure drinking water packaged for direct consumption without desalination.
Recent developments include shareholder approval in March 2025 for a stock split reducing nominal value from SAR 10 to SAR 0.5 per share to enhance liquidity, with Edaa initiating the process; the board approved transition from Nomu-Parallel Market to the Main Market (TASI) in May 2025, pending Tadawul approval and listing requirements following its initial Nomu debut in March 2022. In November 2022, capital increased from SAR 31.25 million to SAR 46.875 million via a 1-for-2 bonus share issuance from retained earnings, later adjusted to SAR 46.88 million post-split. H1 2025 net profit rose 28% year-on-year to SAR 2 million on 2% higher revenue from wholesale growth, despite a 30% full-year 2024 profit decline to SAR 2.9 million; board reappointed Ashry Al-Ashry as chairman and Fahad Al-Habdan as vice chairman in September 2025.