FIPCO wins SAR 24.9 mln government contract

07/07/2015 Argaam

Filling & Packing Materials Manufacturing Co has been awarded SAR 24.88 million contract to make and provide animal feed packaging bags for the Grain Silos & Flour Mills Organization, the company said in a statement to the Saudi bourse, Tadawul.

 

The financial impact of the seven-month contract will be reflected in the fourth quarter of 2015 financial year, it added.

 

In December 2014, the Grain Mills organizations awarded FIPCO a SAR 40.04 million contract to manufacture and provide flour packaging bags, according to Argaam.

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