Equipment House, Health Ministry sign SAR 195 mln contract for Madinah Hospital

28/03/2023 Argaam

Equipment House, Health Ministry sign SAR 195 mln contract for Madinah hospital

Logo of Scientific & Medical Equipment House Co.

Scientific & Medical Equipment House Co. (Equipment House) signed today, March 28, a contract worth SAR 194.8 million (including value-added tax) with the Ministry of Health, according to a statement to Tadawul.

 

Under the five-year contract, the company will carry out the maintenance, cleaning and non-medical operation of Madinah Hospital in King Salman Abdul Aziz Medical City.

 

The company expects the related financial impact to be reflected in its Q2 2023 revenues.

 

Equipment House was awarded the project on Jan. 8.

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