Equipment House, Health Ministry sign SAR 166.6 mln nutrition services project contract for KSMC

27/03/2023 Argaam

Equipment House, Health Ministry sign SAR 166.6 mln nutrition services project contract for KSMC

Logo of Scientific & Medical Equipment House Co.

Scientific & Medical Equipment House Co. and Ministry of Health signed a five-year contract for nutrition services project in King Saud Medical City (KSMC), Riyadh, at a total value of SAR 166.63 million (including value-added tax VAT).

 

In a statement to Tadawul, the company pointed out that there are no related parties to this agreement.

 

A positive financial impact is expected on the company’s Q2 2023 financials, the statement added.

 

In January, Equipment House was awarded a contract with the Ministry of Health for a nutrition services project at Riyadh’s KSMC, at an estimated value of SAR 166.6 million (VAT inclusive), Argaam earlier reported.

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