Balsm Alofoq pens SAR 3.8M project with Special Security Forces

Balsm Alofoq is likely to see the related financial impact of the 36-month contract reflected in its H2 2025 results

Balsm Alofoq Medical Co. signed a contract worth SAR 3.85 million for the project of medical equipment maintenance with the Special Security Forces, according to a Tadawul statement today, Sept. 9.

 

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The contract term is 36 months, said the company, adding that the related financial impact is expected to reflect on financial results for H2 2025. There are no related parties to the deal.

 

According to Argaam’s data, in August, Balsm Alofoq received a letter of award, dated July 31, for the medical equipment maintenance project for the Special Security Forces, at a total value of SAR 3.85 million.

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