Neft Alsharq pens SAR 2.6M engine oil supply deal

27/10/2024 Argaam
Logo ofNeft Alsharq Co.

Logo of Neft Alsharq Co.


Neft Alsharq Co. for Chemical Industries signed a contract on Oct. 26 to supply engine oil to an African country for $680,400 (SAR 2.55 million).
 
 

The company stated in a filing on Tadawul that the agreement’s duration is 90 days from the signing date.

 

It expected the deal to positively impact its financial results for 2024 and 2025, adding that no related parties are involved.

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