Qomel signs SAR 30.9M contracts with NUPCO

15/06/2025 Argaam
Logo ofQomel Co.

Logo of Qomel Co.

Qomel Co. signed, on June 11, two contracts worth SAR 30.9 million with the National Unified Procurement Co. (NUPCO), according to a Tadawul statement.

 

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The first contract is valued at SAR 20.63 million and the second at SAR 10.31 million.

 

Each contract has a duration of 751 days and involves the on-demand supply of pharmaceuticals.

 

The contracts are expected to have a positive impact on the company’s financial results starting Q2 2025.

 

There are no related parties to the contracts, the statement said.

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