SASCO secures SAR 209 mln deal to supply fuel to Makkah’s General Security

14/04/2020 Argaam

 

Saudi Automotive Services Co. (SASCO) secured a contract worth SAR 209 million, including VAT, to supply fuel and other derivatives to the General Security in Makkah Region, it said in a bourse statement.

 

As per the contract, the company will also provide automotive services for 3 years starting April 24, 2020.

 

The company is unable to determine the financial impact at present, nevertheless it is expected to appear in Q2 2020.

 

There are no related parties to the contract, the statement noted.

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