Al Jouf Cement Co. signed a contract with Abdul-Ilah Bin Abdul-Rahman Al-Hussein and Partner Transport Co. to export cement and clinker to Syria
Al Jouf Cement Co. signed a contract with Abdul-Ilah Bin Abdul-Rahman Al-Hussein and Partner Transport Co. to export all types of cement and clinker to Syria.
In a statement to Tadawul, the company said that the contract value is SAR 24.19 million, which exceeds 9% of the company's total revenues according to the latest audited financial statements.
The contract was awarded and signed on Nov. 16 and will be valid for one year starting from Dec. 1, 2025, the statement added.
The contract will have a positive financial impact on the company's financial statements from Q4 2025 to the fourth quarter of 2026, the cement producer said, noting that no related parties are included in the deal.
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