Equipment House wins SAR 167 mln contract with Health Ministry

11/01/2023 Argaam

Equipment House wins SAR 167 mln contract with Health Ministry

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

Scientific and Medical Equipment House Co. (Equipment House) won a contract with the Saudi Ministry of Health today, Jan. 11, under which it will undertake a nutrition services project at Riyadh’s King Saud Medical City (KSMC), at an estimated value of SAR 166.6 million (VAT inclusive).  

 

In a statement to Tadawul, the company said there are no related parties to the five-year deal.

 

The related financial impact will appear during the second quarter of 2023. Any developments in this regard will be announced in due course, especially after receiving the final version of the contract and get it signed by all concerned parties, it added.

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