Equipment House awarded SAR 194.8 mln contract by Ministry of Health

08/01/2023 Argaam

Equipment House awarded SAR 194.8 mln contract by Ministry of Health

Logo of Scientific and Medical Equipment House Co. (Equipment House)

Scientific & Medical Equipment House Co. was awarded today, Jan. 8, a contract worth SAR 194.82 million (including value-added tax) by the Ministry of Health, the company said in a statement to Tadawul.

 

Under the five-year contract, the company will carry out the maintenance, cleaning and non-medical operation of Al-Madinah Hospital in King Salman Medical City in Madinah.

 

It is expected that the financial impact of the contract will be reflected during the second quarter of 2023. It noted that there are no related parties.

 

It also said it will announce any future developments in this regard in due course, especially after receiving the final copy of the contract and after signing it from all concerned parties.

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