Cherry signs SAR 30.2M vehicle leasing contract with SFDA

16/04/2026 Argaam
Logo ofCherry Trading Co.

Logo of Cherry Trading Co.

Cherry Trading Co. signed a vehicle leasing contract with the Saudi Food and Drug Authority (SFDA) valued at SAR 30.2 million.

 

In a statement to Tadawul, the company said the contract includes leasing 275 vehicles for 36 months, in line with the counterparty’s needs and in accordance with high standards of quality and efficiency.

 

The financial impact of the contract will be reflected in Q3, the statement noted, adding that there are no related parties involved.

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