Equipment House awarded SAR 46 mln project by Education Ministry

13/04/2023 Argaam

Equipment House awarded SAR 46 mln project by Education Ministry

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

Scientific & Medical Equipment House Co. (Equipment House) won today, April 13, a project worth SAR 46 million (VAT inclusive) by the Ministry of Education for the operation and maintenance of medical equipment and clinics in the University City at Imam Muhammad bin Saud Islamic University in Riyadh.

 

In a statement to Tadawul, the company added that the project will be implemented over three years, expecting the related financial impact to be reflected in Q2 2023 financials.

 

There are no related parties to the deal, it noted.

 

Equipment House said any future developments in this regard will be announced in due course, especially after receiving the final copy of the contract signed by all concerned parties.

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