Logo of Rawasi Albina Investment Co.
Rawasi Albina Investment Co. signed, on Aug. 10, an agreement with TAWAL Co. to supply framework products and services for permanent electric generators.
For more news on listed companies
a statement to Tadawul, the company expected the deal’s total value to exceed 5% of the company’s total revenues for 2024.
The contract will be executed upon work owner’s demand that will be determined as per its requirements and priorities through work orders.
The deal has a term of one year from the signing date, with the financial impact expected to appear during the first half of 2026.
According to data available on Argaam, Rawasi Albina reported a total revenue of SAR 132.88 million in 2024. Accordingly, the contract value will exceed SAR 6.64 million.
Be the first to comment
Comments Analysis: