Sign World receives SAR 19.6M purchase order From Finance Ministry

National Signage Industrial Co. (Sign World) said it received a purchase order from the Ministry of Finance, pursuant to a framework agreement for the supply of aluminum in various sizes for long and short vehicle plates, valued at SAR 19.55 million, inclusive of VAT.

The company noted that the framework agreement had been disclosed in its prospectus prior to listing.

According to a statement to Tadawul, the purchase order extends for one year, during which aluminum in various sizes will be supplied for long and short vehicle plates.

Sign World added that the purchase order is expected to have a positive impact on revenues, as it is anticipated to account for approximately 15%–20% of total annual sales in 2026.

The company said the purchase order supports its diversification strategy and contributes to expanding its market share through diversified income sources.