Mayar expects long-term positive impact from Hunter Industries contract

05/02/2024 Argaam
Logo ofMayar Holding Co.

Logo of Mayar Holding Co.

Mayar Holding Co. expects a positive long-term financial impact from the signing of an exclusive agency contract between its subsidiary, Saudi Drip Irrigation Co., and US-based Hunter Industries.

 

The financial impact will be reflected on the company’s statements as of the second quarter of 2024.

 

Argaam earlier reported that Saudi Drip Irrigation signed on Feb. 4 an exclusive agency contract with US-based Hunter Industries for the manufacturing of a range of products for the latter.

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