Logo of Saudi Vitrified Clay Pipe Co.’s (SVCP)
Saudi Vitrified Clay Pipe Co.’s (SVCP) announced that its subsidiary, Saudi Land Factory Co, has received a purchase order from Al-Sabq Al-Alarabi Trading & Contracting Co. at a total value of SAR 5.63 million (including VAT) for the supply of precast concrete Pipes.
Under the one-year contract, which was signed today, the company will supply concrete pipes for the sewage project in Kakaka, according to a statement to Tadawul.
The financial impact of the project is expected to reflect on the company’s financial results for Q1 2026. There are no related parties involved.
Be the first to comment
Comments Analysis: