Sadr Logistics inks SAR 13.8 mln contract with Al-Saif Trading Agencies

26/10/2023 Argaam
Logo ofSadr Logistics Co.

Logo of Sadr Logistics Co.

 

Sadr Logistics Co. signed, on Oct. 25, a 150-business-day contract with Al-Saif Trading Agencies Co. for SAR 13.8 million (VAT inclusive).

 

In a statement to Tadawul, the company said that the contract included the manufacture, supply, and installation of metal storage racking systems in the client’s Riyadh-based warehouses.

 

The financial impact will reflect on Sadr’s results in Q4 2023, the statement added, noting that there are no related parties to the deal.

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