Equipment House secures SAR 118 mln contract from Education Ministry

29/08/2022 Argaam

Logo of Scientific & Medical Equipment House Co.

Scientific and Medical Equipment House Co. (Equipment House) was awarded, on Aug. 28, a contract by the Ministry of Education to undertake the operation, maintenance and cleaning services at Najran University’s educational health services center, according to a bourse filing.

 

The three-year contract is valued at SAR 118 million, including value-added tax (VAT).

 

The relevant financial impact will appear on financial statements of Q4 2022, and the contract has no related parties.

 

The Saudi firm will unveil any related future developments, especially after receiving the final contract, the statement added.

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