Equipment House wins SAR 51.1M project from Health Ministry

07/02/2024 Argaam
Logo of Scientific and Medical Equipment House Co. (Equipment House)

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


Scientific and Medical Equipment House Co. (Equipment House) received today, Feb. 7, an award letter for a project worth SAR 51.07 million, inclusive of VAT, according to a filing to Tadawul.

 

The five-year project is aimed at medical maintenance for Prince Muhammad bin Abdulaziz Hospital in Riyadh.

 

The relevant financial impact will likely be reflected in Q3 2024 financials, the statement said, adding that there are no related parties to the deal.

 

The company will announce any future developments in due course, after the final version of the contract is signed by all relevant parties and a copy of which is received.

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