Logo of Wafrah for Industry and Development Co.
Wafrah for Industry and Development Company signed today, July 27, a SAR 11.6 million contract with Panda Retail Co. to produce pasta products as a private label under Panda tradename.
The company will produce 530,000 pasta packs of different sizes as per the contract's given technical specifications. It will also be sourcing raw materials and packaging materials necessary for production.
The one-year contract will end from the first product delivery and will positively impact the company's revenues.
There are no related parties, the statement said.
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