Thob Al Aseel signs SAR 97.5 mln medical supply deal with NUPCO

06/05/2020 Argaam

 

Thob Al Aseel Co. signed, on May 4, a contract worth SAR 97.5 million with National Unified Procurement Company (NUPCO) to supply medical equipment, it said in a bourse statement today.

 

The 2-month contract will enhance the leadership of Thob Al Aseel in the Saudi market, the statement added.

 

The company expects the contract to have a positive impact on its Q2 2020 profits.

 

There are no related parties to the agreement, the statement said.

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