Saudi Ceramics inks SAR 16.1M supply contract with Sadr Logistics

Logo of Saudi Ceramic

Saudi Ceramic Co. (Saudi Ceramics) announced it signed a contract, on Aug. 10, with Sadr Logistics Services Co. for the supply of wooden pallets, as part of the works related to the project for the supply and installation of advanced storage systems for the company’s central warehouses in Riyadh.

In a statement to Tadawul, the company explained that the supply order is valued at SAR 3.07 million. Meanwhile, the value of the core works for the project which were contracted with Sadr reaches SAR 13 million. Accordingly, the total value of the contracted works reaches SAR 16.07 million (VAT exclusive).

According to the company, the contract is aimed to enhance its operating efficiency and storage capacity. It noted that the expected duration for fulfilling the supply order is four months.

The financial impact of the contract is expected to be reflected during the third and fourth quarters of 2026.

The company noted that non-executive board member Majed Al-Issa has an indirect interest, as he is the CEO of Sadr Logistics.

The company said the contract was concluded under normal commercial terms without preferential advantages, adding that it will be submitted to the general assembly for approval in line with regulatory requirements for related-party transactions.