Equipment House wins SAR 99.7M project

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

Scientific and Medical Equipment House Co. (Equipment House) received approval for the award of a competitive project from Najran Health Affairs General Directorate, valued at SAR 99.7 million (inclusive of VAT).

In a statement on Tadawul, the company said the project involves the maintenance and repair of medical devices and equipment for several healthcare facilities, including New Najran Hospital, Najran General Hospital, AlAmal Complex for Mental Health, the regional forensic medicine laboratory, the Specialist Dental Center, Thar General Hospital, the Maternity and Children Hospital, Habona General Hospital, and the mobile medical team.

For more news on listed companies

The project has a duration of five years, with the financial impact anticipated to appear in the second quarter of 2025.

There are no related parties involved in the project, the company added, noting that any future developments will be announced once the final contract is signed by all parties and a copy is obtained.