DRC wins research services contract from Applus

Logo of Digital Research Co. (DRC)

Digital Research Co. (DRC) was awarded a research services contract by Applus Arabia Co., with a total value exceeding 5% of the company’s revenues, inclusive of VAT.

 

The company stated in a filing on Tadawul that the 13-month contract will commence on Dec. 1.

 

There are no related parties to the contract, DRC added.

 

The company generated SAR 63 million in revenue by the end of 2024, placing the contract value at more than SAR 3.15 million, according to Argaam’s data.

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