WSM inks contract with SDB to provide licenses, programs

24/07/2025 Argaam
Logo ofWSM for Information Technology Co.

Logo of WSM for Information Technology Co.

WSM for Information Technology Co. signed, on July 23, a three-year contract with the Social Development Bank (SDB)to provide licenses and basic programs, according to a statement to Tadawul.

 

The contract is valued at 8.7% of the company’s total revenues for 2024. The relevant financial impact will appear during H2 2025.

 

For more news on listed companies

 

The contract included no related parties, the statement added.

 

WSM reported SAR 29.02 million in revenue in 2024, with an 8.7% of revenue at SAR 2.5 million.

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